Reported 2 days ago
The current fluctuations in the stock market, reminiscent of the dot-com bubble, are raising alarms among investors, particularly with the surge and subsequent decline of tech stocks driven by artificial intelligence. The S&P 500 experienced a remarkable rise, but recent signs of downturn echo the collapse seen in the early 2000s when investor exuberance led to significant losses. While today's tech landscape includes more established companies with profits compared to the unprofitable startups of the dot-com era, the unpredictability surrounding AI's future development conjures concerns of a potential repeat of past mistakes in technology investments.
Source: YAHOO