The Perils of Wall St.’s Race to Pour Billions More Into A.I.

Investors such as BlackRock are pouring billions of dollars into the artificial intelligence industry, committing large sums to lend to companies in the sector. The significant investment underscores the enthusiasm of some investors for the potential of AI. However, not all experts share this optimism, expressing concerns about the risks associated with such large investments. The rush to invest in AI has raised warnings about the potential perils of overinvestment in the industry.

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