The staggering growth of the S&P 500, tracking the largest US companies, parallels the Dot-com bubble with signs of an impending burst, experts warn.
With AI promising limitless possibilities, it has only proven effective in generating inferior art and drafting emails, leaving profitability questionable.
Sane economists and institutions like the European Central Bank are pushing back against the irrational exuberance surrounding AI, highlighting potential risks in the current market.
The 27 percent predicted growth in the S&P 500 echoes the tumultuous years leading to the Dot-com bubble's peak, raising concerns about sustainability.
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