From the Field
Are we partying like it's 1999 again?
AI versus Dotcom: There are some similarities, yet also key differences.
2024-09-27 14:14
Rahul Ghosh, Portfolio Specialist, Global Equities
Key Insights
  • Questions have surfaced about the strength and sustainability of the amazing artificial intelligence (AI) rally that has been leading markets this year.
  • While there are similarities, there are also major differences that cast the AI theme in a more positive light than the dotcom boom and bust of the late 1990s.
  • The foundations of the AI cycle appear solid, based on real demand and profit potential, with most funding coming from IT giants flush with cash rather than debt.

Get the full story.

We’re ready to share our latest thinking, but industry regulations require you to register or sign in to continue reading this article. Thank you for understanding.

Just one more step.

To continue, you are required to read and accept our Terms & Conditions. Thank you for understanding.

Important Information

This material is provided for informational purposes only and is not intended to be investment advice or a recommendation to take any particular investment action.

The views contained herein are those of the authors as of September 2024 and are subject to change without notice; these views may differ from those of other T. Rowe Price associates.

This information is not intended to reflect a current or past recommendation concerning investments, investment strategies, or account types, advice of any kind, or a solicitation of an offer to buy or sell any securities or investment services. The opinions and commentary provided do not take into account the investment objectives or financial situation of any particular investor or class of investor. Please consider your own circumstances before making an investment decision.

Information contained herein is based upon sources we consider to be reliable; we do not, however, guarantee its accuracy.

Past performance is not a reliable indicator of future performance. All investments are subject to market risk, including the possible loss of principal. All charts and tables are shown for illustrative purposes only.

T. Rowe Price Investment Services, Inc. For Institutional Investors Only.

© 2024 T. Rowe Price. All rights reserved. T. Rowe Price, INVEST WITH CONFIDENCE, and the bighorn sheep design are, collectively and/or apart, trademarks or registered trademarks of T. Rowe Price Group, Inc.

202409-3847544

You are using an unsupported browser that might prevent you from accessing certain features on our site

We suggest clicking an icon below to download a supported browser.

Google Chrome Download Google Chrome Firefox Download Firefox Microsoft Edge Download Microsoft Edge Safari Download Safari

Preferred Website

Do you want to go directly to the Financial Advisors/Intermediaries site when you visit troweprice.com ?

You are currently logged in to multiple T. Rowe Price websites.

You will need to log out below and log back in with your Advisor Dashboard credentials.