The AI boom has significantly influenced stock market gains, with AI-related stocks generating 75% of S&P 500 returns since ChatGPT’s launch in November 2022. Major tech companies, including Microsoft, Amazon, Alphabet, and Meta Platforms, are investing heavily in AI infrastructure. However, skepticism is growing among investors following an MIT study indicating that 95% of generative AI projects fail to yield measurable returns. Concerns persist that excessive capital expenditures on AI may not translate into profitable opportunities, potentially signaling an AI bubble.
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