The Generative-AI Revolution May Be a Bubble
Tech firms have been spending historic amounts of money on AI—but will it pay off?
Tech
Why have the big seven tech companies been hit by AI boom doubts?
Their shares have fallen 11.8% from last month’s peak but more AI breakthroughs may reassure investors
Dario Maisto, a senior analyst at Forrester, says a lack of economically beneficial uses for generative AI is hampering the investment case.“There is still an issue of translating this technology into real, tangible economic benefit,” he said.