A veteran tech investor says 'doom and gloom' over the AI boom is overblown, even though it has shades of the dot-com bubble

Paul Wick is the CIO of Seligman Investments. 12/08 There are clear parallels between the AI boom and the dot-com bubble, tech investor Paul Wick says. But solid demand, strong earnings, and less mania make for a "healthier" backdrop, Wick said. Seligman's chief investor brushed off Michael Burry's worries but flagged some trends to watch. The AI boom has shades of the dot-com bubble, but fears of an imminent crash and mass unemployment are overblown, a veteran tech investor says. At the turn of this century, there was an explosion in dot-com startups being formed, and a huge infrastructure bu