Brad Gerstner says AI will be bigger than the internet, bigger than mobile
Publishing timestamp: 2023-09-28 16:02:20
Summary
The article discusses Brad Gerstner's bullish outlook on artificial intelligence (AI), stating that AI will be bigger than the internet, mobile, and cloud software. Gerstner compares the rise of AI to the dotcom boom in the late 1990s and mentions the conflicting sentiments and uncertainties that come with a super-cycle. He expresses optimism for the next two or three years, citing the Federal Reserve's nearing end of its tightening cycle and a promising IPO pipeline. Altimeter's biggest bets at the end of the second quarter were Meta, Microsoft, and Nvidia.
Sentiment: POSITIVE
Keywords: wall street, generative ai, stock markets, breaking news: investing, artificial intelligence, breaking news: business, nvidia corp, microsoft corp, business news, technology, investment strategy, markets, meta platforms inc, breaking news: markets,