1. A Measured Outlook for the AI Industry.
- Subjects
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STOCK Market Bubble, 1995-2000 , *ARTIFICIAL intelligence , *INVESTORS , *HIGH technology industries , *RATE of return ,WALL Street (New York, N.Y.) - Abstract
Investors are showing enthusiasm for the future of artificial intelligence (AI), but caution is being advised on Wall Street. Technology giants like Meta and Google are investing billions in AI chips, but the return on investment is still uncertain. While many companies are racing to build their AI capabilities, there is currently no clear ROI for AI services. However, the current hype around AI seems more justifiable than the dotcom bubble of the late 1990s, as the tech companies investing in AI are financially stable and dominant in their sectors. Consolidation in the AI industry is expected in the coming year. [Extracted from the article]
- Published
- 2024