NEWSLETTER
As investors invest billions in artificial intelligence, technology experts warn that a bubble could be forming. Kim Forrest, Investment Director, Bokeh Capital Partners joined Thestreet to discuss possible warning signs.
Complete video transcription below:
Conway Gittens: So, for you, do you see any intermittent warning signal that a bubble of ai is formed? And what role does Nvidia play in that?
Kim Forrest: Yes of course. Because I don't know what problem is solving. Everyone thinks it's great, and this is a danger sign. It is always a danger sign for me that if I cannot identify the commercial problem that technology is solving, it is a bubble. If I don't know the problem, I don't know the price that people are willing to pay for it. At the end of the day, we are investors. We are not fans of technology. We are not like just sitting here going the books. The science fiction books I read are coming, you know, be true. Now, everything is interesting, but we want to make money. And I think that is the biggest problem. Another problem is that everyone loves Nvidia, especially its competitors. They would love to have, you know, margins in the 60s. Therefore, there are a good number of people who will probably come after them. And we have not really talked about that, but that is also a problem for them. Now they have leadership, but it is a difficult leadership.
