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The Global Perspective: AI, Metaverse and Low Stock Prices - What's next for Tech in 2023
2022 was not a good year for stock markets in general, and the Tech sector in particular. Rising inflation, bond yields and discount rates were not very kind to companies who derive a large proportion of their value from cashflows far out into the future. Will the New Year usher in improved prospects for these hard-hit businesses or will it be more of the same? Perhaps they will be saved by innovation and changing sentiment – either of which could catalyse rapid industry change