💰 AIs Bar Mitzvah Moment
Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated
What actually happened
Aswath Damodaran says AIs investment debate should shift from hype and skepticism toward evaluating it as a business. He argues revolutionary technologies follow four stages: hype, investment, business building and recalibration. AI is entering the business-building phase, with revenues emerging but profitability uncertain. Significant disruption and market corrections remain possible.
Key points
- Aswath Damodaran says AIs investment debate should shift from hype and skepticism toward evaluating it as a business.
- He argues revolutionary technologies follow four stages: hype, investment, business building and recalibration.
- AI is entering the business-building phase, with revenues emerging but profitability uncertain.
- Significant disruption and market corrections remain possible.
Summary based on data provided by The Economic Times. Full article available at the original publisher.
- #business
- #mitzvah
- #moment