Are We in an AI Bubble? Here’s How Directors Can Prepare 

As the AI debate continues, NACD members say boards must be ready for both a potential shakeout and long-term transformation.

Everyone seems to have an opinion on whether artificial intelligence is a speculative bubble.

Some market participants think valuations of AI companies are driven more by hype than underlying economic reality. In a Bank of America Corp. survey of about 200 global fund managers late last year, 53 percent said that AI stocks are in bubble territory. However, UBS cited “robust fundamentals” and accelerating demand in its projection that capital spending on AI could reach ...