Sign up now
Australia Shopping Network. It's All About Shopping!
Categories

Posted: 2017-07-18 15:06:55

Robots are going to put people out of jobs, they say. They’ll be creating content, they say.

Here’s a tweet sent this morning by @ASX, the official account of the Australian Stock Exchange:

You might argue about whether Fortescue, Andrew Forrest’s giant mining company, is good value as a stock at the moment. But at 100% down it’s a bargain in anyone’s language.

The AI revolution is definitely coming, but while we’re waiting, be wary of buying these kind of dips.

(Fortescue is currently trading at $5.32, down a few cents for the day. Also, the ASX has corrected that tweet.)

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

View More
  • 0 Comment(s)
Captcha Challenge
Reload Image
Type in the verification code above