Updated
Updated · The Wall Street Journal · Sep 27
AI Boom Persists Nearly 4 Years After ChatGPT Debut as Investors Watch for Bust Signs
Updated
Updated · The Wall Street Journal · Sep 27

AI Boom Persists Nearly 4 Years After ChatGPT Debut as Investors Watch for Bust Signs

3 articles · Updated · The Wall Street Journal · Sep 27

Summary

  • Nearly four years after ChatGPT’s public launch, the AI rally is still running despite repeated warnings that it could end in a sharp bust.
  • Those warnings have shadowed the boom from the start, with skeptics repeatedly comparing AI enthusiasm to the dot-com bubble and the mid-2000s housing bubble.
  • Investors are still participating in the surge, but the focus has shifted to spotting early signals that momentum could break and the cycle could turn.

Insights

Could hidden debt in massive AI data centers trigger the next global financial crisis before the technology even matures?
Are tech giants building the future, or just digging a trillion-dollar debt hole in a desperate race to outspend rivals?