Altimeter’s Brad Gerstner says AI demand makes this boom different from dot-com
Photo: Crypto Briefing
The Altimeter Capital founder argues earnings, not hype, are driving the AI rally, even as his fund trims AI exposure Every big tech rally eventually gets compared to the dot-com bubble. Brad Gerstner would like to retire that comparison. The founder and CEO of Altimeter Capital argues that the AI boom is a different animal. His core reason is simple: demand for intelligence, in his view, is unlimited. Gerstner’s case starts with a distinction between two ways stocks go up. Prices can rise because companies earn more, or because investors agree to pay more for the same earnings.
Source: Crypto Briefing
