Investors Are Suddenly Getting Very Concerned That AI Isn't Making Any Serious Money
2024-07-01
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Silicon Valley investors and Wall Street analysts are becoming increasingly wary of the massive investments in AI technology, fearing it could lead to a financial bubble. Reports indicate that despite significant spending, AI is not generating substantial profits, leading to skepticism on Wall Street. Google, Microsoft, and Meta are facing similar challenges as they pour resources into AI without clear monetization plans.
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