US Treasury Department report warns of potential financial bubble in AI industry, posing risks to American economy. Concerns raised about overvaluation and profitability of AI firms.

The US Treasury warns AI investment mania mirrors the dot-com bubble, with over $20 trillion in wealth at risk and implications for crypto markets.

US Treasury Department report warns of potential financial bubble in AI industry, posing risks to American economy. Concerns raised about overvaluation and profitability of AI…