JPMorgan Chase Vice Chairman Daniel Pinto: AI sector valuations are still high, expects a correction

JPMorgan Vice Chairman Daniel Pinto believes the AI sector is overvalued and expects a correction. He cautions to be cautious about growth rates, AI companies need to prove the rationality of the current valuation given the massive investment scale. Market expectations for revenue and profit growth of AI companies may be too steep, potentially leading to a re-pricing of the industry.