Tech Stocks Tumble As Investors Ask Whether $1tn Spent On AI Might Need To Make Some Money At Some Point
The Nasdaq has fallen to a two-month low after markets briefly entertained the unfashionable notion that spending a trillion dollars should eventually result in a profit. Some will call it a healthy correction, a phrase usually heard shortly before an unhealthy one. A spokesman for the AI industry said the question would be answered shortly by a chatbot, which was still thinking.