After a disappointing start to the year, the AI trade is back on the rise, pushing stocks to new highs. The announcement of Anthropic's Mythos model on April 7 led to a surge in investor interest in AI stocks, according to JPMorgan global equity strategists. The Nasdaq 100 and S&P 500 have both outperformed, with 66% outperforming since the launch. However, Kyla Scanlon, an economics commentator, warned of significant downside risk for AI, citing elevated inflation, rising oil prices and shifting geopolitics as reasons for investors' ignoring these concerns. While Anthropic and OpenAI have stated they're just trying to be candid about the risks of AI, some believe their actions are marketing.