Depends on your risk profile. But if you look at the growing capex and consecutive negative free cash flow of big tech, it is a sign of worry if you are only investing short term or you do swing trades.

Not OP and sorry you’re getting downvoted when you’re asking genuine questions and not trolling. Mileage varies with AI. Most people aren’t paying for AI services, meaning that they only work with really dumb models. The people creating slop videos, vibe coding usable and useful apps, using AI to do legal stuff are paying AI companies for tokens or they have expensive GPUs with them. Many companies use AI for work and train general models for specific tasks in-house. They aren’t using ChatGPT available to regular people. That’s why AI content can range from slop videos to really good software patches.