Billionaire investor Paul Tudor Jones says the current AI-driven rally in global markets could last another year or two. He drew parallels to the early dominance of Microsoft and the commercialization of the internet. At the same time, he warned of a possible sharp downturn resembling the aftermath of the dot-com bubble.
Global markets have climbed to record highs in recent months, propelled by enthusiasm for artificial intelligence and led by technology stocks. Jones described the present phase as still early in the cycle of AI adoption and productivity gains.