The President of the WEF completely ignores the elephant in the room in his statements.
If you add the market caps of the top 10 AI companies in the world, they still make up less than 5% ($21 trillion) of the land market cap, which is estimated at around $500 trillion.
And that’s not even the elephant in the room. 🤯
Land is only becoming higher-priced because of inflation.
But sure, let’s talk about AI, the buzzword of the 2020s.
The world should watch out for three possible bubbles in financial markets, including artificial intelligence, the head of the World Economic Forum said on Wednesday, in comments that came amid sharp falls in global technology stocks.
