Ariel Investments co-CEO: The AI trade feels very 1999

Summary

Mellody Hobson tells Brian Sozzi the AI slice of the tech trade feels overdone, that it reminds her of partying like it is 1999, and that the circular arrangement where the same companies invest in each other is the part that worries her. She is not alarmed by it: Ariel is a value firm, and she says the cracks are where the opportunity is. She calls prediction markets something close to slot machines, explains the line she steers by, and walks through why she thinks women's sports valuations are about to re-rate. Views and figures here are her own. Featuring: Mellody Hobson, Co-Chief…

Description from Yahoo News.