If the equities market could be boiled down to one theme right now, anyone would be hard pressed to argue against uncertainty. Up until quite recently, the once-vaunted technology sector — led by innovations such as artificial intelligence — suffered a severe correction, with many voicing concerns about an AI bubble. That has led to pushback by several experts, including popular investor and "Shark Tank" star Kevin O'Leary.
Countering arguments regarding hype and inflated valuations threatening the AI boom, O'Leary instead pointed to the scarcity of electricity as the main bottleneck. Further, the entrepreneur argued that unlike other fads, machine intelligence has already been embedded across the entire U.S. economy.
