AI Investment Frenzy Faces Major Market Correction

Recent stock market declines highlight the risks of overvaluation in the AI sector, drawing comparisons to past tech bubbles.

Tech giants like Nvidia, Google, and Microsoft have seen significant drops in stock value.
Market analysts debate whether the downturn is a natural correction or the bursting of an AI bubble.
The 'Magnificent Seven' tech companies lost over $650 billion in market cap in a single day.
Public skepticism about AI's practical applications is growing, with limited daily use reported.
California considers laws to hold AI developers accountable for misuse, reflecting broader societal concerns.