Will A.I. Be a Bust? A Wall Street Skeptic Rings the Alarm.
WEB3 days ago · Jim Covello, Goldman Sachs’s head of stock research, warned that building too much of what the world doesn’t need “typically ends badly.”
Top Goldman Sachs Stock Researcher Warns AI Bubble May Be …
WEB2 days ago · The head of stock research at Goldman Sachs, Jim Covello, believes that the hype surrounding AI is in for a rude awakening. As the New York Times reports, Covello closely followed the dot-com ...
A big AI prediction re-juices the trade: Morning Brief - Yahoo …
WEB15 hours ago · The New York Times profiled Goldman Sachs’ resident AI skeptic, head of research Jim Covello. Enter consulting giant Bain & Company and a big, new forecast: “The market for AI-related hardware ...
Goldman’s Top Stock Analyst Is Waiting for AI Bubble to Burst
WEBJul 18, 2024 · Over three decades on Wall Street, Jim Covello has learned how painful it can be to bet against an inflating tech stock bubble. The market has a way of minting riches, month after month, even after it’s clear the latest breakthroughs aren’t playing out …
Has the AI bubble burst? Wall Street wonders if artificial ... - CNN
WEBAug 2, 2024 · Goldman Sachs analyst Jim Covello argued that “the technology isn’t designed to solve the complex problems that would justify the costs” in last week’s report.
WEBA skeptical look at AI investment. Daron Acemoglu, Institute Professor, MIT. Jim Covello, Head of Global Equity Research, Goldman Sachs. Allison Nathan, Senior Strategist, Goldman Sachs Research. Dates of recording: June 11, June 13, July 11, 2024. Allison Nathan: Generative AI is being heralded as one of the most transformative innovations in ...
Goldman’s Top Stock Analyst Is Waiting for AI Bubble to Burst
WEBJul 18, 2024 · Over three decades on Wall Street, Jim Covello has learned how painful it can be to bet against an inflating tech stock bubble.
Big Tech is spending billions on AI. Some on Wall Street see a …
WEBJul 24, 2024 · “Despite its expensive price tag, the technology is nowhere near where it needs to be in order to be useful,” Jim Covello, Goldman Sachs’s most senior stock analyst and a 30-year veteran of...
Goldman’s top stock analyst is waiting for AI bubble to burst
WEBJul 19, 2024 · SAN FRANCISCO - Over three decades on Wall Street, Mr Jim Covello has learnt how painful it can be to bet against an inflating tech stock bubble. The market has a way of minting riches, month...
Experts disagree on whether AI will live up to its costs: Goldman …
WEBJim Covello, the Goldman Sachs head of global equity research, said in the report that AI “must be able to solve complex problems” in order to “earn an adequate return” on the estimated $1 trillion price tag of developing and operating the technology.
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