"The whole AI space is at the peak of the hype cycle."NASDAQ...

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Cuprum29

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22/04/24

21:11

Post #: 73464777
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Originally posted by MarketingMan: ↑

The whole AI space is at the peak of the hype cycle.

Actual fully working AI applications in market (i.e. that people and companies can buy) are comparatively thin on the ground compared to the hype.
Companies are announcing great products and talking like they are ready to sell AI powered products. But, there is a big gap between hype and reality.
Big tech companies are even faking AI applications so they can be seen as FIRST. And mentioning AI pumps the stock price.

That doesn't mean AI isn't the next big thing.
That doesn't mean AI over promises and under delivers.
That doesn't mean AI won't change the world.

What it does mean is that the world is full of engineering boys and girls feverishly getting their heads around how AI works and learning sufficient mastery to develop useful, manufactured, and marketable products.

AKIDA (and the similar many other hardware offerings from NVIDIA, INTEL, IBM etc.) don't do AI - they enable AI.

We are in the middle of a giant learning, research & development cycle.

And that is delaying license fee revenue for BRN.

Can't do anything about it except wait.

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"The whole AI space is at the peak of the hype cycle."

NASDAQ seems to think the AI bubble is already leaking air.
NVDA down.
TSM down.
ASML down.
SMCI down.

Interesting quote from this article: https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-nvidia-super-micro-plunge-tesla-prices-earnings/

"The market environment is decidedly weak. Investors should be largely in cash, waiting for renewed signs of strength in the major indexes and leading stocks."

Not meant as financial advice. DYOR.

BRN Price at posting: 32.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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