Should we fear an artificial intelligence bubble bust?
News Source : Hurriyet Daily News
News Summary
- Recent swings in tech stocks are reviving fears of an AI bubble.
- Some experts warn that if it pops, the fallout could be bigger than anything Wall Street has ever seen.
- The five biggest companies on Wall Street are worth a combined $18 trillion, almost the size of China's entire economy.
- A severe tech crash would still send shockwaves through the whole economy — including for everyday Americans.
- But not everyone is sounding the alarm.
- Some say the recent selloff is just a breather after a long run-up and not the start of a real crash.
WASHINGTON Recent swings in tech stocks are reviving fears of an AIbubble and some experts warn that if it pops, the fallout could be bigger than anything Wall Street has ever seen.
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