Comment by jameslk
1 day ago
> That’s why Thiel rotated into Microsoft and Apple, tech giants with more diversified revenue streams, cloud scale, devices, and software.
These are supposed to be a hedge against a presumed AI bubble? Seems half hearted at best
He is diversifying away from a pure AI play. The amount of diversification is relatively low, so he probably still believes in AI, just feels it is slightly overhyped.
Personally I agree it’s too small of a move, but different people have different beliefs and different tolerance for risk.