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Amid AI Bubble Debate, Wall Street Veteran Picks Minerals and Energy

Published: · Source: mk.co.kr

Amid AI Bubble Debate, Wall Street Veteran Picks Minerals and Energy
TL;DR: Michael Woods, CEO of Woods Capital, said in an interview that the AI bubble is not yet at a bursting point and identified minerals and energy as the next investment areas.
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Michael Woods, CEO of Woods Capital and a Wall Street investment figure, said in an interview that the artificial intelligence bubble is “not at the point of bursting.” Woods previously served as CEO for the Americas at DWS, Deutsche Asset Management, where he oversaw $850 billion in assets, about 1,250 trillion Korean won. The next areas he highlighted for investment are minerals and energy. As enthusiasm around AI investment continues, markets are paying attention to the fact that an investor with large-scale asset management experience is pointing to real resources and energy. Source: mk.co.kr

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