The FOMO-driven boom is running out of steam – again
Copy link
The FOMO-driven boom is running out of steam – again
The FOMO-driven boom is running out of steam – again
Copy link

Shock sell-off after study warns most investments in artificial intelligence get zero returns

Given its enormous scale, an artificial intelligence crash could spell doom

Academic skepticism and business frustration have triggered past AI winters. This time, both factors are present. But there are…

“The crash is separating real AI revenues from companies that only have AI PowerPoints.”

Investors’ long-running enthusiasm for artificial intelligence showed signs of faltering on Tuesday as tech stocks tumbled.

Talk of a new era of ‘superintelligence’ is starting to look very silly indeed