Why AI isn’t ‘what everyone is promising’

As part of Yahoo Finance's AI Revolution week, Radio Free Mobile Founder Richard Windsor joins Yahoo Finance Live to discuss the outlook for generative AI adoption and corporate valuations. He argues "we are no closer to superintelligence, I would believe, than we were 10 years ago," despite perceptions of AI models becoming more "superintelligent." Windsor says AI hype and competition may spark damaging price wars, making valuations unsustainable. He sees names like Nvidia (NVDA) facing "significant correction" eventually as hype fades, though presently "it is the AI training place to go and no one has really laid a glove on the company yet."  For other AI exposure, Windsor advises looking at Google (GOOG, GOOGL) and Meta (META) which have "significant exposure to AI, but it's not really been priced in." However, he cautions their revenue does not come from generative AI yet, making it a long-term play. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith