Concerns about an artificial intelligence bubble are rising after a decline in US tech shares. Investors and central bank leaders are worried about the gap between AI spending and revenue.
As Alan Kohler explains, unless companies start generating substantial profits from AI products, the bubble may burst.
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As Alan Kohler explains, unless companies start generating substantial profits from AI products, the bubble may burst.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2024-07-27/ai-investment-bubble-wobbles/104147108
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
Follow ABC NEWS on X (Twitter): http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia
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- Artificial Intelligence
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