'It's going to be really bad': Fears over AI bubble bursting grow in Silicon Valley
The article discusses growing concerns in Silicon Valley about a potential "AI bubble" that could burst soon. Experts are warning that the rapid rise in the valuation of AI-focused tech companies may be unsustainable and could lead to a significant market correction. The surge in AI investments and the hype around the technology have led to inflated valuations of many AI startups and companies. However, some industry insiders believe that this enthusiasm may not be matched by the actual capabilities and commercial viability of the AI products being developed. There are fears that if the bubble bursts, it could have severe consequences for the tech industry, with job losses, funding cuts, and a slowdown in innovation. The article highlights the need for a more realistic and measured approach to AI development and investment, to ensure sustainable growth and avoid a potential crisis.
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