Sorry investors, the AI hype that's gripped the stock market is premature and the bubble will probably burst this year

• ChatGPT has drummed up too much hype around AI, according to Ned Davis Research strategist Pat Tschosik.
• Tschosik says frenzied investing in obscure AI companies reminds him the 2001 dot-com boom and bust.
• The rally in AI stocks will probably run until about mid-year before stock prices return to earth, he said.

Sorry investors, you might be jumping the gun on your rush to snap up anything related to the budding world of artificial intelligence, and you should be prepared for the bubble to burst this year.