PARIS, Nov 8 — “Correction” is not the word investors want to hear, but the stampede out of AI and technology stocks this week has heightened doubts about the sustainability of the four-year bull run for markets.
Further declines would have wide-ranging financial and economic consequences amid the massive AI spending, much of it fuelled by companies taking on huge amounts of debt.
AFP takes a look at how tech sector weakness could impact governments and households.
Outlays on data centres to train and power artificial intelligence models have become one of the main growth engines for the US economy, the world’s largest.
