The Boom and Anxiety of AI
Goldman Sachs Warns Again: AI spending now accounts for 25% of total $S&P 500 Index(.SPX.US$ expenditures. If it doesn’t start generating profits, valuations are at risk. Goldman Sachs has repeatedly cautioned that the AI industry is seeing too much investment with too little return. If these tech giants making significant AI investments don't show signs of profitability, their valuations could fall.
Top Silicon Valley VC analyst Benedict Evans highlighted that the high expectations for AI, combined with massive capital investments, are pushing companies to rush to commercialize applications without considering that this technology is still in its early "experimental stage."
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