Menu

Post image 1
Post image 2
1 / 2
0

Paul Tudor Jones says AI bull market has 'another year or two to run'

CNBC·Yun Li·26 days ago
#rLrlonmu
Reading 0:00
15s threshold

Paul Tudor Jones said the artificial intelligence-fueled bull market still has further to run, adding that he recently bought more related stocks as he looked for parallels to earlier tech booms. The billionaire hedge fund manager said recent advances in AI resemble the emergence of transformative technologies such as Microsoft's early software dominance in the 1980s and the commercialization of the internet in the mid-1990s, periods that ushered in years of productivity gains and market upside. "I kind of think Claude, January of this year, would be the equivalent of when Microsoft came out in '81," Jones said on CNBC's " Squawk Box " Thursday. Jones, founder and chief investment officer of Tudor Investment, compared the current phase of AI adoption to 1995, when commercial use of the internet accelerated alongside the launch of Windows 95. "Those were both the beginning of productivity miracles that lasted four to five and a half years," Jones said. "We're kind of, I'd say, 50 or 60%.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More