Trader argues selloff ignores Google's AI trap: no way back to Search
JOBhakdi · x · 2026-10-31
Trader JOBhakdi, quoting @StockSavvyShay, argues the recent AI-stock selloff wasn't driven by fundamentals — on profitability and growth metrics this remains one of the cheapest markets ever, and October volatility was predictable from seasonality, bubble psychology, and midterm uncertainty.
Key points:
- Google and Amazon both plan to spend even more on AI infrastructure in 2027 after record 2025 investment; Andy Jassy called AI "a once in a lifetime opportunity" with no plans to slow down.
- The market is overlooking something important about Google: with AI now threatening Search, the very product generating most of its profits, Google can no longer simply decide AI is too expensive and retreat to its traditional business. The exit path is gone.
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