Artificial intelligence (AI) is not only revolutionizing technology but also stirring up debates in the financial sector.

Goldman Sachs has been adamant that there isn’t an AI bubble. But there are still plenty of analysts who are nervous at the major growth of interest in the AI market—and the associated spike in tech stocks. Still, the Wall Street giant offers a fresh perspective, suggesting that we are merely at the threshold of an AI revolution and far from the bubble that some anticipate.

The recent surge in AI stocks has drawn parallels with the dot-com bubble of the late 1990s, a comparison that Goldman Sachs vehemently opposes.

“Even as those stocks have rallied substantially, they don’t appear to be in a bubble” Peter Oppenheimer, chief global equity strategist at Goldman Sachs, said in a recent note. “We believe we are still in the relatively early stages of a new technology cycle that is likely to lead to further outperformance,” he concluded.

However, not everyone shares this optimistic view.

Back in July, Decrypt reported that Emad Mostaque, CEO of Stability AI (the crea

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Author: Jose Antonio Lanz

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