Bank of America Says Investors Are Overplaying AI and Underestimating Consumers
It may be time for investors to pivot from artificial intelligence-linked capital expenditures to consumer-driven spending, Bank of America strategists wrote in a Monday (Oct. 5) note, according to a Bloomberg report. The abundance of AI spending and the shrinking of discretionary spending are…
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Bank of America Says Investors Are Overplaying AI and Underestimating Consumers Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Biztoc https://a2zai.ai/bytes/bank-of-america-says-investors-are-overpla...
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