Goldman's Top Stock Analyst Is Waiting for AI Bubble to Burst

What You Need To Know

• It happened with dot-com companies in the late 1990s and more recently with cryptocurrencies, says Jim Covello.
• One survey found that fewer than half of companies investing in AI have yet to see a significant return.
• AI has shown the promise of making some jobs like coding more efficient, but not by nearly enough to justify the expense.