Artificial Intelligence Bubble Has Only Just Begun, Says Citrini7, World's Hottest A.I. Stockpicker

Today Jack is joined by an anonymous trader known only by their Twitter handle @Citrini7, who has the absolute “hottest hand” when it comes to picking Artificial Intelligence (AI) stocks. Citrini is very optimistic about the boost that the adoption of AI will provide to semiconductor companies, data service providers, and optical fiber companies, and he describes in depth some of the stocks from his AI basket he thinks are most poised to benefit, which in aggregate are up ~50% this year.Quoting George Soros’ saying that, “when I see a bubble, I rush in to buy it,” Citrini thinks AI might prove to be a bubble, but that if it is a bubble, it is in the early stages. Filmed on June 2, 2023.
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Timestamps:00:00 Intro03:51 Is Artificial Intelligence (AI) Already A Bubble?28:21 The Lipstick Effect32:50 How Can These Rich Valuations Be Justified?41:57 Permissionless42:34 The Losers of The Rise of Artificial Intelligence50:43 Blockworks Research