It has become apocryphal to even suggest that the biggest driving force behind stocks in 2023 (besides Powell's 11th hour capitulatory pivot of course), namely the mania behind AI/ChatGPT, which propelled the Magnificent 7 stocks by more than 100% in 2023...
... is nothing more than the latest chatbot mania, no different at the end of the day than the doomed metaverse infatuation of 2020/2021 (which was nothing more novel than Second Life from two decades earlier) which prompted even the "geniuses" behind Facebook to switch their name to what has literally become a capex sucking joke.
