“It’s not gonna be one Bear Stearns moment,” Zitron explained. “It’s gonna be a succession of events until the markets freak out.” The crux of the problem, according to Zitron, is Nvidia. The chip maker’s stock represents 7 to 8 percent of the S&P 500’s value, and the broader market has become dependent on Nvidia’s… Read More »
As generative AI has taken off since ChatGPT’s debut, inspiring hundreds of billions of dollars in investments and infrastructure developments, the top question on many people’s minds has been: Is generative AI a bubble, and if so, when will it pop? To help us potentially answer that question, I’ll be hosting a live conversation with… Read More »
Enlarge / An ABC handout promotional image for “AI and the Future of Us: An Oprah Winfrey Special.” reader comments 100 On Thursday, ABC announced an upcoming TV special titled, “AI and the Future of Us: An Oprah Winfrey Special.” The one-hour show, set to air on September 12, aims to explore AI’s impact on… Read More »
reader comments 49 On Thursday, OpenAI said that ChatGPT has attracted over 200 million weekly active users, according to a report from Axios, doubling the AI assistant’s user base since November 2023. The company also revealed that 92 percent of Fortune 500 companies are now using its products, highlighting the growing adoption of generative AI… Read More »