Ford’s AI Rally Recalls the Excesses of the Dot-Com Bubble
A recent analysis from Morgan Stanley has led to a significant surge in Ford Motor Co.'s market value, linking its new grid-battery business to the artificial intelligence boom. This sudden reclassification of an established car company as an "AI stock" echoes the speculative excesses seen during the dot-com bubble of the late 1990s. The author questions whether the hype surrounding AI is genuinely reflective of Ford's core business or merely a symptom of a broader market exaggeration.