市场动荡不改大佬信心，小摩高管驱散AI泡沫担忧！

金十数据11-14

摩根大通资产及财富管理部首席执行官玛丽·卡拉汉·埃尔多斯（Mary Callahan Erdoes）表示，投资者应聚焦AI带来的未来机遇，而非纠结于当前是否存在泡沫。埃尔多斯曾领导公司度过2008年金融危机，被列为摩根大通集团CEO继任者人选，是华尔街最具影响力的女性之一‌。周四在CNBC“阿尔法峰会”（Delivering Alpha conference）上，埃尔多斯驱散了市场对估值的担忧，称...

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bubble!","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":0.9,"AMD":0.9},"content_text":"摩根大通资产及财富管理部首席执行官玛丽·卡拉汉·埃尔多斯（Mary Callahan Erdoes）表示，投资者应聚焦AI带来的未来机遇，而非纠结于当前是否存在泡沫。埃尔多斯曾领导公司度过2008年金融危机，被列为摩根大通集团CEO继任者人选，是华尔街最具影响力的女性之一‌。周四在CNBC“阿尔法峰会”（Delivering Alpha conference）上，埃尔多斯驱散了市场对估值的担忧，称AI正带来尚未被充分重视或理解的机遇。“我觉得我们正站在这一切的悬崖边上，”她在小组讨论中表示，“所以现在存在一种脱节：市场在为AI公司的市盈率定价，而这些公司还未通过实际使用率兑现价值。实际上，这个过程很像海明威说的‘破产是怎么发生的？’——缓慢地，然后是突然到来（Gradually，and then suddenly），我认为AI也会如此。”英伟达、超威半导体（AMD）等众多AI相关企业的估值飙升引发担忧，导致市场反复震荡，但股市仍徘徊在历史高点附近。周四美国股市遭遇抛售，创下一个多月来最糟表现，相关担忧再次浮出水面。“AI本身不是泡沫，这一说法很荒谬……我们正站在企业运营方式重大革命的悬崖边上，”埃尔多斯说，“所以如果你问自己AI是否处于泡沫中，我认为必须细化回答逻辑——在美国，AI才刚开始获得动力，但距离全面转化为净利润还有很长的路要走。”“你将看到营收和支出两端的爆发式增长，而AI供应商必须想清楚如何在这条赛道上站稳脚跟，”她补充道。并非只有她持这一观点。艾瑞思管理公司（Ares Management）首席执行官迈克尔·阿鲁盖蒂（Michael Arougheti）表示，与AI的潜力相比，当前的投资规模微不足道。“相对于经济体量而言，我们在AI领域的经济投资还有很长的路要走，”阿鲁盖蒂说，“我们的供给增速根本跟不上短期需求。所以我觉得市场上有很多夸张言论，只因涉及的数额巨大，且AI确实具有革命性。”在谈及宏观问题时，埃尔多斯表示她也认为短期内不会出现衰退。“五年来一直有人预测衰退，但它就是没来，”她说。在提到信贷投资时，埃尔多斯补充道：“如果短期内没有衰退，这将是绝佳的买入机会，你应该积极介入并买入。”","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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