JPMorgan's Daniel Pinto warns AI valuations could face a correction
Briefing by News4U · First published
JPMorgan vice-chairman Daniel Pinto said AI valuations remained too high and predicted a correction, ITHome reported, citing remarks at a panel at the Hong Kong Monetary Authority's Global Financial Leaders' Investment Summit. Pinto said he expected significant productivity gains from AI, but cautioned that the pace of growth needed scrutiny. He argued that companies would have to justify their investment and valuations through payments from customers outside the AI sector, and that steep revenue and earnings expectations could prompt a broader repricing. [1]
Sources
- 摩根大通副董事长 Daniel Pinto：AI 板块估值仍高，预计将出现回调
ITHome · · Excerpt