‘A stomach of steel’: amateur investors ride out dips amid talk of an AI bubble
Jacob Foot, a 23-year-old amateur investor, has profited significantly from his early investments in US tech stocks, particularly in artificial intelligence. Leveraging his first-hand experience with AI tools, he believed the technology had immense potential and made strategic investments back in 2020, which paid off. However, experts warn that such risk-taking behavior by amateur investors could fuel an unsustainable market bubble. They argue that the market’s current trend is heavily influenced by speculative investments rather than grounded economic principles.