The air is hissing out of the overinflated AI balloon
SMRTR summary
The AI hype is waning as companies struggle to see returns on investments. MIT reports 95% of companies haven't seen meaningful AI benefits, with only 5% of custom enterprise AI tools reaching production. Employees use AI for simple tasks, but humans still dominate complex work. Even promising applications like call centers have failed. ChatGPT-5 has underperformed, and AI stocks are dropping, with economists warning the AI bubble is more overvalued than the 1990s tech bubble that led to a 77-78% NASDAQ collapse.
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