AI Boom: A Repeat of Dot-Com Bust?

Financial analysts warn of a potential AI market crash, drawing parallels to the dot-com bust. The concern is that AI investments may not yield sufficient returns, leading to bankruptcies and investor panic, similar to the telecom industrys fiber optic network debacle. Despite better financial health of todays AI players, the market is expected to have both winners and losers due to intense competition and the winner takes all nature of AI.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.