THE MARKET’S PANICKING ABOUT AI… AND MISSING THE POINT Tom Lee argues AI is improving exponentially, and yes, the spending wave is real. But the bigger picture is what matters -- when it comes to creating and benefiting from AI at scale, it’s mainly the U.S. and possibly China. That’s why he sees the S&P 500 as a net beneficiary over time, even if the market’s been consumed by near-term “downside scenarios” and month-to-month angst. A lot of that fear? Mostly guesses -- and potentially overly pessimistic. Are you in the “AI boom benefits the index” camp, or do you think the risks are still underpriced? 🧐