Subject: Re: OT: tech sector
They note that the Technology sector now represents 30.6% of the market cap weight of the S&P 500 now (highest since 2000). From 2002-2019 the fraction mostly hovered pretty consistently around 15.5%-16%, give or take a percent, so it has basically doubled from what was normal for a long time.

I wonder how much of the cap weight preponderance is owing to the advent of AI, a technology that inspires fearful anticipation in the 99.9...9% who aren't attempting to financially exploit it.

Unq