AI Bubble Bursting
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AI Bubble Bursting
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Writer: Brett Stelmaszek
Editor: Joshua Lambourne Stevenson
Music by: @UFD-Music
The AI bubble is bursting. Coming soon to a theatre near you.
Investors are losing trillions of dollars of their money that they pumped into artificial intelligence companies. The collapse just happens to be geographically isolated at the moment.
AI ventures in China are collapsing from their highs as the entire market there is not spending money on all the things that they’re trying to pitch. Even with government subsidies of their programs, it hasn’t been enough to keep all these companies afloat.
Analysts expect this will have knock-on effects for the rest of the world, eventually. But right now, the US is gonna focus on pumping Anthropic’s stock before they let it all collapse under them.
Editor: Joshua Lambourne Stevenson
Music by: @UFD-Music
The AI bubble is bursting. Coming soon to a theatre near you.
Investors are losing trillions of dollars of their money that they pumped into artificial intelligence companies. The collapse just happens to be geographically isolated at the moment.
AI ventures in China are collapsing from their highs as the entire market there is not spending money on all the things that they’re trying to pitch. Even with government subsidies of their programs, it hasn’t been enough to keep all these companies afloat.
Analysts expect this will have knock-on effects for the rest of the world, eventually. But right now, the US is gonna focus on pumping Anthropic’s stock before they let it all collapse under them.
