Brett Arends argues that Andreessen Horowitz’s latest promotional report provides further reasons to worry about the market boom and the risks facing ordinary investors. The firm’s “State of the Markets” report is presented as more evidence that artificial intelligence and technology are heading for the moon. Andreessen Horowitz manages more than $100 billion in assets under management. In Arends’s view, however, this enthusiastic document illustrates the characteristics of a technology bubble.
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