Investors in AI-driven bubble risk forgetting painful lessons

We all suffer from nostalgia bias, thinking back to a golden past, remembering the good and forgetting the bad. In looking to the future, we worry about the risks and are fearful of the unknown. This tendency makes us forget how the last financial crisis wiped out quite a few investors and created new wealth.
McKinsey Global Institute marked the consultancy’s centennial year by publishing a book called A Century of Plenty, meant to show that mankind never had it so good. It puts forward a bold…

المصدر: SCMP — Tech