Flashy AI announcements hurt legacy firms as investors punish them over AI questions
PAstynome · x · 2026-09-11
- The author highlights an overlooked externality: after flashy AI product announcements, investors flood legacy companies with dumb AI-related questions and demands
- These older firms often get their stock sold off and punished as a result, even when unrelated to the announcement
- It shows how the AI hype cycle transmits damage to non-AI capital markets
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