Dan Niles predicts AI market has not yet peaked due to emergence of agentic AI
AMZN Amazon.com Inc
$259.30 -0.35%
View chart & analysis → - 1Dan Niles believes the AI market has not peaked, citing agentic AI's token usage being 10 to 100 times higher than reasoning.
- 2Anthropic's quarterly revenue growth slowed from 145% in Q2 to 45% in Q3.
- 3Dan Niles advised investors to hold more cash and remain cautious.
So what's the key point?
The emergence of agentic AI is expected to drive continued market growth due to much higher data usage. Investors should keep cash on hand and monitor the situation closely.
Source BeInCrypto · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.