Should we be worried about the vast amounts of money pouring into AI? And what will happen if the bubble bursts? Blake Montgomery reports
For months there have been fears that artificial intelligence is a bubble and that it is about to burst.
As the Guardian US tech editor Blake Montgomery explains, the magnificent seven – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla – make up one-third of the value of the S&P 500, the index of the 500 biggest stocks in the US market. All are heavily invested in AI.
Should we be worried about the vast amounts of money pouring into AI? And what will happen if the bubble bursts? Blake Montgomery reportsFor months there have been fears that artificial intelligence is a bubble and that it is about to burst.As the Guardian US tech editor Blake Montgomery explains, the magnificent seven – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla – make up one-third of the value of the S&P 500, the index of the 500 biggest stocks in the US market. All are heavily invested in AI. Continue reading…
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