What's popping gang, seems like maybe the AI bubble at least in China with AI stocks seeing 40% falls about 480 Billion pretend money wiped off their market.
An image I generated with AI
It is still to early to call and maybe it is going to be contained in China but much of the AI business is on really shaky ground, lots of interdependency with their circle jerking, as I said before I believe the bubble will likely pop soon and lots of player in the space are going to die out but not all of them as companies like google (ABC) have other business that can support them through the tough time and I believe not long ago their CEO was basically saying they are not going to try to make money with AI and try to advance the tech instead, I don't think much of that is a matter of choice.
only time will tell, what are your thoughts ?
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