>The assumption here is that, without AI, none of that capital would have been deployed anywhere.
With this recessionary behavior, it might not be that far fetched an assumption. I'm not sure where else it would flow outside of being hoarded up in assets if there wasn't this big speculation everyone wants to take advantadge of. Especially when you consider that there's so much money flowing into AI, but AI is not as of yet profitable.
That's it, it's unusual times and the AI boom could be covering things up. I personally completely divested from US businesses since the start of the year but I can understand the allure of wanting to ride that particular gravy train
With this recessionary behavior, it might not be that far fetched an assumption. I'm not sure where else it would flow outside of being hoarded up in assets if there wasn't this big speculation everyone wants to take advantadge of. Especially when you consider that there's so much money flowing into AI, but AI is not as of yet profitable.