Almost $3 trillion in market value disappeared in one day amid a massive selloff of assets. Stock markets in the US, Asia and Europe, as well as gold, silver and cryptocurrencies, were hit. Losses in the stock market are estimated at $1.7 trillion, precious metals at a trillion dollars, and cryptocurrencies at an additional $140 billion. Investors fear that investments in artificial intelligence will not pay off, and that the tensions between the US and Iran will escalate into a new military conflict.