Forget Tariffs: This Is the Biggest Threat to the Mag 7

Forget Tariffs: This Is the Biggest Threat to the Mag 7

How long before artificial intelligence (AI) escapes the lab?

I’m not talking about AI fleeing human control like the movie I, Robot. Instead, I mean AI technology escaping the grasp of Big Tech.

And when it does escape, the so-called “Magnificent 7” could see their AI profit dreams evaporate.

The Mag 7 are the seven biggest tech and AI companies in the world: Alphabet (Google), Amazon, Apple, Meta (Facebook), Microsoft, Nvidia, and Tesla. They have a combined market cap of nearly $14 trillion.

If you have been following me over the last week, you know I’ve been warning you of a Lost Decade of Wealth.

This won’t happen right away. In fact, it wouldn’t surprise me to see one more last big push up in stock prices.

Remember, the market does everything it can to suck in as much money as possible before it switches from a secular (long-term) bull market to a secular bear market.

I’m OK giving up that last rush of gains if it means I get to avoid the 10-plus years of lost returns that always follows the death of a secular bull market.

Why the Mag 7 Could Lose Its Iron Grip on AI