AI STOCK MARKET BUBBLE LOOKS SET TO BURST INVESTOR BILL GATES SHOULD BE SUED FOR OVERHYPING AI TO LURE INVESTORS INTO A BUYING A TECH FLOP
The US stock market has lost $1 trillion in just four days as a sell-off of tech companies deepened on Wednesday as even Sam Altman warned the AI is a bubble about to burst.
The core of the problem is the AI models produced by US tech companies have proven to be fundamentally flawed, hallucinatory and unable to produce the results expected or to lift productivity.
"The drop-off has been fuelled by concerns that AI companies are overvalued, with some claiming they have little to show for the billions of pounds of investment that have been ploughed into companies such as OpenAI."
https://www.telegraph.co.uk/business/2025/08/20/us-tech-stocks-tumble-on-ai-bubble-fears/
History warns us that hype around the transformative powers of new tech can end in catastrophe
https://www.telegraph.co.uk/business/2025/08/21/we-may-be-facing-dotcom-bubble-2/
Bill Gates, Buffett and Bezos have been , major investors in AI and hypers of the bubble and should be sued in my view.
https://www.fool.com/investing/2024/03/31/warren-buffett-artificial-intelligence-ai-stocks/
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From media
OpenAI’s Sam Altman sees AI bubble forming as industry spending surges
Published Mon, Aug 18 20253:51 AM EDTUpdated Mon, Aug 18 20252:24 PM EDT
Key Points
OpenAI CEO Sam Altman has reportedly said that he believes AI could be in a bubble, comparing market conditions to those of the dotcom boom in the 1990s.
“Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Is AI the most important thing to happen in a very long time? My opinion is also yes,” he’s quoted as saying.
Alibaba co-founder Joe Tsai, Bridgewater Associates’ Ray Dalio and Apollo Global Management chief economist Torsten Slok have all raised similar warning
https://www.cnbc.com/2025/08/18/openai-sam-altman-warns-ai-market-is-in-a-bubble.html
Jeremy Warner
We may be facing the dotcom bubble 2.0
History warns us that hype around the transformative powers of new tech can end in catastrophe
https://www.telegraph.co.uk/business/2025/08/21/we-may-be-facing-dotcom-bubble-2/
The US stock market has lost $1 trillion in just four days as a sell-off of tech companies deepened on Wednesday.
The S&P 500 fell for the fourth consecutive day amid fears that an AI-powered stock market rally could be about to collapse. It dropped by as much as 1.1pc, later recovering to a drop of 0.2pc.
The tech-heavy Nasdaq sank by as much as 1.8pc in early trading on Wednesday, bringing the index down by as much 7pc so far this week in its worst sell-off since April. It later pared back losses to end the day down 0.7pc.
The drop-off has been fuelled by concerns that AI companies are overvalued, with some claiming they have little to show for the billions of pounds of investment that have been ploughed into companies such as OpenAI.
Shares in Nvidia, the world’s largest company with a $4 trillion valuation, fell by 3.3pc in early trading on Wednesday before recovering. The technology giant, which makes the chips that power vast AI data centres, is down 3.7pc since Monday.
https://www.telegraph.co.uk/business/2025/08/20/us-tech-stocks-tumble-on-ai-bubble-fears/
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