“Joanne Goh of DBS Bank believes the AI boom, while showing signs of froth, is unlikely to lead to a catastrophic 2000-style crash. Instead, she anticipates a consolidation phase over the next 1-2 years, where the market will distinguish genuine AI value creators (profitable companies with strong balance sheets and clear monetization) from those merely riding the hype. Investors are advised to be discerning, as the underlying technology is transformative but requires careful selection.”