AI Has Rocked the Stock Market, But What Will It Do for the Economy
Bloomberg reports that for all the excitement, evidence of a boost to productivity is still thin on the ground.
For investors in artificial intelligence, the last week delivered a painful shock. The sudden appearance of DeepSeek — a Chinese AI firm boasting a world-class model developed at bargain-basement costs — triggered a massive selloff in Nvidia and other US tech champions. What matters for the economy, though, is not the ups and downs of stock prices for the Magnificent... ...
leave a comment