This Time Technology Companies Have Revenues

 

 'This time technology companies have revenues' is a phrase often heard uttered by Wall Street equity research analysts, investors, hedge fund managers, asset fund managers to substantiate the current AI technology stocks boom, which is a bubble, according to Wolfteam Ltd.'s projections and estimates.

'This time technology companies have revenues' is used to differentiate the current AI stocks boom from the 2000 internet dot com boom and bust, where the Nasdaq corrected around 80 % and many of the poster children technology stocks of the 2000's dot com boom and bust did not have revenues and went out of existence.

The poster children of today's artificial intelligence, AI stock market bubble are the Magnificent 7 or Apple, Microsoft, Alphabet, Amazon, Meta, NVIDIA and Tesla along with other smaller AI stocks like Arista Networks, AMD, Palantir etc.

Yes, the aforementioned stocks have revenue and billions, sometimes hundreds of billions of USD of revenues a year, but they are still overvalued by circa 44 % on average, especially the Magnificent 7 AI technology stocks. Yes, the AI bubble is not yet as big as the Nasdaq 2000 dot com boom and bust and the Nasdaq Composite may not fall circa 80 % from its peak, if the AI bubble bursts within the next couple of months.

The current AI bubble, however, will go on blowing for three more years, according to Wolfteam Ltd's projections before the Nasdaq Composite falls by around 44 % to mark the end of the current AI boom.

Many of the Magnificent 7 or Apple, Microsoft, Alphabet, Amazon, Meta, NVIDIA and Tesla along with other smaller AI stocks like Arista Networks, AMD, Palantir will survive, if not even most of them. And AI will take a gradual, also pacey course of development after the bust and will go on transforming our lives. What is more, out of the ashes of the current AI boom new artificial intelligence, AI companies producing both software applications and hardware will appear and drive the next phase of the artificial intelligence, AI revolution, that will change our lives.