From boom to burst, the AI bubble is only heading in one direction | John Naughton
Briefly

from www.theguardian.com1 month ago
First, displacement: ChatGPT's debut marked the moment everyone realized AI's potential. Similar to Netscape's IPO in 1995 signaling the start of the internet bubble.
www.theguardian.comhttps://www.theguardian.com/commentisfree/2024/apr/13/from-boom-to-burst-the-ai-bubble-is-only-heading-in-one-direction
Second, boom: Big tech companies had been secretive about AI experimentation until ChatGPT's success led to FOMO. Microsoft's strategic investment brought a competitive edge.
www.theguardian.comhttps://www.theguardian.com/commentisfree/2024/apr/13/from-boom-to-burst-the-ai-bubble-is-only-heading-in-one-direction
Read at www.theguardian.com
#ai-bubble #investment-bubbles #chatgpt #big-tech-companies #openai
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