The AI bubble is about to burst — and a big market correction is coming
Summary
Drawing parallels to the dot-com bubble of 2000, the article argues that the current artificial intelligence mania is driven by irrational exuberance rather than sustainable metrics. Much like the internet era, where speculative companies with no profit models drove valuations, the AI sector is currently seeing massive hype and heavy debt-fueled spending.
The author suggests that
(Source:New York Post)