Subject: Re: A thought about AI
>> For every winner, there were dozens (hundreds?) of firms which dropped during the 1980's into the distant fogs of memory. The same thing happened again, between 2000 and 2002 when, networking/internet first became the apple of investor's eyes and then crashed with the vast majority of the firms tied to that wonderful (truly) opportunity who crashed and burned. <<
Worse: Even the winners can be a catastrophic loss for investors who pick them at the height of a Mania. Have a look at Cisco, leading in it's field (networking) then, leading today: $80 then, $80 today.