As someone who grew up with modern computer technology and at one time earned my living from it, and as someone who not only lived through the dot.com financial collapse but has also owned an ecommerce business for over 21 years and has survived multiple economic downturns, it has been plainly obvious to me that the current financial frenzy over chat AI hype is one of the largest developing financial bubbles being blown up with no real model of generating revenue at this time. And yet, hardly any other financial analyst has come out to expose this very dangerous financial bubble that could burst at any time, and potentially sink the entire economy, until today. But that financial analysis over the current spending frenzy regarding AI did not come from any financial analysts in the U.S., but by the Chinese Government. China is the world's second largest investor in technology start-ups by venture capitalists, with only the U.S. spending more. The Chinese government might be regulat
The ChatGPT concept sector has “signs of a valuation bubble,” with many companies having made little progress in developing the technology, the Economic Daily wrote in a commentary Monday.
SHANGHAI (Reuters) -Chinese state media on Thursday cautioned against risks in chasing local ChatGPT-concept stocks, while domestic artificial intelligence (AI) companies urged investors to be rational after their soaring share