Watch Desk posted an update
Goldman Sachs investment banking co-head Kim Posnett says investors are becoming more selective about AI, even as she remains bullish on the technology overall. She told The Information that there can be bubbles within AI, and warned that higher interest rates could make it harder for projects to deliver expected returns.
Why it mattersThe distinction is useful: Posnett describes investors differentiating between companies and business models, not abandoning AI wholesale. Her comments were reported by PYMNTS.
Discuss: Is this sensible sorting between strong and weak AI businesses, or a warning that too much investment still depends on cheap capital?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.