 Just a few days ago, JP Morgan's Jamie Dimmond told Bloomberg TV that people's children could live to 100, not get cancer, and probably work three and a half days a week, all because of AI. And that sounds, undeniably, pretty good. And a lot of people clearly agree with him. It feels like every week we talk about how AI might end up doing a lot of the work that we currently need humans for. Yet despite the excitement, we saw some of the biggest AI-related stocks fall last month. They included the chip company NVIDIA, Microsoft, IBM. In fact, the largest tech stocks, the so-called magnificent seven, which is Apple, Microsoft, Alphabet, Amazon, NVIDIA, Tesla, and Meta, they could all be said to have had a pretty shaky quarter. But Goldman Sachs strategists have argued that there could be strong earning results coming soon. And that's why they say that right now these stocks could be seen not as disappointing but as cheap.