It Appears That the AI Bubble Has Just Burst in China
It Appears That the AI Bubble Has Just Burst in China
"And now we see the bubble bursting."
A report from Reuters suggests that the AI bubble in China “has already burst.” Or it might be more apt to say that it shriveled like a rapidly deflating balloon: over the past four months, Reuters notes, the country’s STAR50 index of AI and semiconductor companies collapsed by 40 percent, wiping out $480 billion in market value. That is not a typo.
https://futurism.com/artificial-intelligence/ai-bubble-burst-china
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