12th November 2025 – Investors switch out of Tech on record valuations, depreciation red flags

In this conversation, Mark from MPC Markets discusses the transformative impact of AI on technology, comparing its significance to historical innovations like the motor vehicle and electricity. He expresses concerns about the current valuation of AI, drawing parallels to the dot-com boom, where many companies lacked revenue and profit. Mark emphasizes the importance of understanding these market dynamics as AI continues to evolve.takeaways• AI is a genuine long-term thematic.• AI is one of the most significant technology jumps since the motor vehicle.• The current valuation of AI deserves attention.• There are red flags in the market regarding AI valuations.• The dot-com boom serves as a cautionary tale.• Many companies during the dot-com boom had no revenue or profit.• AI's impact is comparable to the introduction of electricity.• Valuation concerns are valid in today's market.• Understanding market trends is crucial for investors.• The significance of AI cannot be understated.