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Investing in the “next big thing” seems to be the most obvious strategy. But could it be one of the most dangerous investing strategies? In every major wave, the mistake investors made was not overestimating demand but underestimating the competition and pricing pressure. When returns look inevitable, capital floods in and returns collapse. Every generation gets its own version of the same story. This time, could it be AI?
Can you lose money with your AI investments? | Image: Shutterstock