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Published 5 months ago

The AI boom of today and the telecom bubble of 1990s share these similarities

Summary by Ground News

Deutsche Bank analyst Jim Reid: The stock market can be fickle, and it doesn't always reward the pioneers of a new technology over the long term. Reid highlighted that telecom stocks never made it back to their bubble-era peaks, even as cellphone adoption by 2024 surpassed even the rosiest forecasts.

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The AI boom of today and the telecom bubble of 1990s share these similarities

There are important differences between the two trends as well, notes Deutsche Bank analyst Jim Reid.

5 months ago·United States

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