{
  "id": 15458309,
  "title": "Wall Street's AI Boom Just Reached a Dangerous Milestone. History Says the Winners Could Change.",
  "url": "https://urgent.news/2026/10/18/wall-streets-ai-boom-just-reached-a-dangerous-milestone-history-says",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-18T17:45:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/18/wall-street-ai-boom-milestone-history-says-winners/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "The artificial intelligence (AI) boom on Wall Street has hit a critical turning point, with experts cautioning that the real winners might not be the companies investing heavily in AI infrastructure. During the internet's early days in the 1990s, telecom firms poured significant funds into constructing new fiber optic networks. While internet usage skyrocketed, the telecom industry overestimated the ROI, resulting in excessive infrastructure development and a subsequent drop in value. Despite the initial setbacks, telecom stocks eventually rebounded, while the businesses that utilized the improved infrastructure reaped the benefits. A similar situation could unfold with AI. If costs decrease due to competition and technological advancements, companies that adopt AI into their operations—such as manufacturers, transportation firms, and other industrial enterprises—could emerge as the most attractive investments. Funds like the Vanguard Technology ETF (VGT) or the Fidelity MSCI Information Technology Index ETF (FTEC) might still be solid choices, but investors should be mindful of the potential reversal of these booms. For core portfolio positions, the author suggests the Vanguard S&P 500 ETF (VOO) and the Vanguard Morningstar Total Stock Market ETF (VTI). The State Street Industrials Select Sector SPDR ETF (XLI) is recommended as a complementary investment with a modest allocation, particularly for those already heavily invested in technology.",
  "summary": "Right now, the market is rewarding companies invested in the AI build-out. They may not be the ultimate winners.",
  "key_points": [
    "Wall Street's AI boom marks a critical turning point.",
    "Winners may not be AI infrastructure investors, history suggests.",
    "Companies adopting AI could become top investments."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Wall Street's AI Boom Just Reached a Dangerous Milestone. History Says the Winners Could Change.",
        "url": "https://urgent.news/2026/10/18/wall-streets-ai-boom-just-reached-a-dangerous-milestone-history-says-15466188",
        "published": "2026-10-18T18:05:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}