The stock market’s massive AI bet is setting investors up for a smackdown

Wall Street really needs AI to live up to the hype.

A lot has been said about the emerging technology’s world-changing potential: Its ability to create stunningly realistic images and videos, ace the LSAT and the MCAT, and complete rote research tasks. You could argue it’s ready to augment — or even replace — entry-level jobs.

These features have investors up and down the Street very excited. Staunch supporters like Fundstrat’s Tom Lee and Wedbush’s Dan Ives say…