Billionaire investor warns "The faster and higher things go up, the harder they fall" while talking about skyrocketed AI stocks, which will predictably lead to an inflationary economic slowdown
DoubleLine Capital CEO Jeffrey Gundlach indicated that the current AI boom in the world reminds him of the dotcom era in the late 90s. He added that the current AI boom in the stock market will be short-lived, pointing to accelerated inflation and low-rate stocks.
A robot that looks like a Terminator looking over AI