AI News AI Stocks Bleed After Democrat Sweep. Why Wall Street Lost $2.5 Trillion In A Day

[AFEH]

Content source

https://www.ndtv.com/business-news/ai-stocks-bleed-democrat-sweep-wall-street-lost-trillions-share-market-us-midterms-12291004

Wall Street's artificial intelligence (AI) trade suffered a brutal reality check on Thursday. Overnight, technology stocks plunged, wiping out an estimated $2.5 trillion in market value from the Nasdaq 100.

https://www.ndtv.com/business-news/ai-stocks-bleed-democrat-sweep-wall-street-lost-trillions-share-market-us-midterms-12291004

 

[Aleeyen]

Something like a decade and half ago some people thought YouTube won't survive for long and Google will suffer incredible losses because of it, Now its the biggest media company of the world. And the most interesting thing is that those who used to be the leaders before You Tube they themselves are also using You Tube.
That's real innovation and the same thing is going to happen with the AI companies. They are spending heavily now but when they will reap the harvest, it be massive.

 

[lokamoka820]

YouTube did not cause people to lose their jobs, cause widespread environmental destruction, or lead to hacking of survival sectors like AI do.