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AI hype starting to smell like dot-com era, ESG veteran says

Companies that even mention the word AI in their earnings are seeing boosts to their share price, and that smells very much like the dot-com era, Penny, who invests in funds rather than directly in stocks, said.

AI Hype Starting to Smell Like Dot-Com Era, ESG Veteran Says

The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market in a very short space of time, and that has implications for tech-heavy ESG funds.

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