Fuck AI

Could things like this be what bursts the AI bubble?

EDIT: The BBC now has a continuous coverage article. Headlines:

• More than $500bn erased from Nvidia's value
• China throws wrench into AI race on a seemingly shoestring budget
• 'AI's Sputnik moment'

And of course:

How much have big tech stock prices dropped? published at 12:16

At the time of writing, these are Monday's losses from some of the biggest tech companies in the US.

• Microsoft : 3.7% drop
• Nvidia, the third-most valuable company in the US, behind Microsoft and Apple: 15% drop
• Alphabet (Google): 2.6% drop
• Tesla: 1.5% drop
• Cisco Systems: 4.9% drop
• Chipmaker Broadcom: 16.43% drop

Apple and Meta have slightly increased in value today, with Apple up 2.65% and Meta up 1.69%.