All the money flooding into AI is a giant warning sign — When companies as a group turn into sellers, it’s a reasonable sign that stocks are very overpriced

Well no shit. It’s a gigantic bubble. Doesn’t take a genius to notice.

The money is flooding in from people who see vast automated workforces and robot armies to protect them. What they do not see is who will buy the output and that those armies will determine no ultimate difference between the owners they are protecting and the population they are protecting them from.

It’s only going to accelerate as AI gets mote usefull.