Reported 1 day ago
A sudden shift in sentiment has emerged around artificial intelligence, which has captivated investors and tech enthusiasts for the last three years. Despite not being an official 'AI winter,' recent industry setbacks—including Meta's hiring freeze, underperformance of AI products, and caution from leaders like Sam Altman—have led traders to prepare for a potential market downturn reminiscent of the dot-com bust. Industry experts suggest this sentiment shift may indicate deeper issues, as companies struggle to prove the profitability of AI technologies.
Source: YAHOO