Deconstructing the AI Trade: AI Builders, AI Supplies and AI Products!

The author argues that the AI market is experiencing a big market delusion driven by overconfidence and overinvestment, which will inevitably lead to a correction. By breaking down the AI ecosystem into suppliers, builders, products, and customers, the author explains how their competing interests will diverge as the market matures and margins compress. The analysis suggests that while the easy phase of the AI trade is over, investors should navigate the coming turbulence by selectively taking profits and setting disciplined entry points. Open article →