For years now, certain experts have warned that the AI industry is a massive bubble waiting to burst. The enormous hype driving a market frenzy, they say, could lead to a collapse if it’s exposed to be built on widespread overpromising.
Most recently, Apollog Global Management chief economist Torsten Slok warned that the current AI bubble is starting to look even worse than the market conditions leading up to the dot-com implosion of the late 1990s.
“The difference between the IT bubble in the 1990s and the AI bubble today is that the top 10 companies…
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