Is AI a bubble waiting to burst?

Equity markets continue to hit fresh all-time highs despite concerns over geopolitics, valuations, inflation, economic growth and many other perennial worries. Of course, over time, equity markets do tend to rise as they benefit from innovation and economic growth, both of which have increased since markets existed. This suggests that all-time highs are a sign of health, not concern, however equity investing is prone to over exuberance at times and the reasons for new highs are always worth understanding. Many of the questions facing markets today concern artificial intelligence (AI), notably...