Artificial intelligence may be one of the most transformative technologies of our time, but investors should not mistake a great innovation for a great investment, cautions Manoj Bahety, Founder and Fund Manager at Carnelian Asset Management & Advisors.
In an exclusive conversation with Kshitij Anand of ETMarkets PMS Talk, Bahety argues that while AI is undeniably real, the sky-high valuations attached to many AI companies are reminiscent of past market bubbles.