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The artificial intelligence bubble has already burst in China. Reuters Shares of leading Chinese IT companies fell 40% in less than four months, the market lost a total of $480 billion in capitalization. The investments were too early in the development and profitability of the companies. As a result, investors saw that the hundredfold increase in profits they expected was not there, and began to exit the shares. Meanwhile, Western markets are also expressing concern. According to Elon Musk, the debt markets have stopped providing borrowed funds to companies that have no other income than AI data centers. The International Private Equity Fund's asset manager, Alexander Dushkin, says this is a good sign for the economy, as the AI ​​boom has suppressed activity in other sectors, such as house building, and attracted very large amounts of capital. "Now only established projects will receive funding, which is good in every sense," says the expert. Apollo Global, an American asset management company, put additional pressure on the Western markets. Its chief economist, Torsten Slouk, said that companies outside the technology sector have not benefited much from AI investment. The creator of the analytical project Wall Street Pro, trader, investor Dmitry Cheryomushkin says that the AI ​​bubble will burst sooner or later. Strong companies will survive, and "the rest will die naturally, and bury all the debt they took on the market and the capital they raised." However, artificial intelligence itself as a technology, as a tool, will of course remain. In addition, it can be not only profitable, but also profitable, with effective financial management. As an example: a recent report from SpaceX showed that the profit of the company's artificial intelligence division turned positive. Author: Valery Obodov Listen in sound.

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🇨🇳 China · Map

The artificial intelligence bubble has already burst in China. Reuters Shares of leading Chinese IT companies fell 40% in less than four months, the market lost a total of $480 billion in capitalization. The investments were too early in the development and profitability of the companies. As a result, investors saw that the hundredfold increase in profits they expected was not there, and began to exit the shares. Meanwhile, Western markets are also expressing concern. According to Elon Musk, the debt markets have stopped providing borrowed funds to companies that have no other income than AI data centers. The International Private Equity Fund's asset manager, Alexander Dushkin, says this is a good sign for the economy, as the AI ​​boom has suppressed activity in other sectors, such as house building, and attracted very large amounts of capital. "Now only established projects will receive funding, which is good in every sense," says the expert. Apollo Global, an American asset management company, put additional pressure on the Western markets. Its chief economist, Torsten Slouk, said that companies outside the technology sector have not benefited much from AI investment. The creator of the analytical project Wall Street Pro, trader, investor Dmitry Cheryomushkin says that the AI ​​bubble will burst sooner or later. Strong companies will survive, and "the rest will die naturally, and bury all the debt they took on the market and the capital they raised." However, artificial intelligence itself as a technology, as a tool, will of course remain. In addition, it can be not only profitable, but also profitable, with effective financial management. As an example: a recent report from SpaceX showed that the profit of the company's artificial intelligence division turned positive. Author: Valery Obodov Listen in sound.

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