Tech selloff deepens amid AI skepticism and weak ROI
A second day of tech stock declines reflects growing investor doubts over AI’s financial returns. A new MIT report highlights that many companies are not yet seeing measurable ROI from their AI investments. Meta is again restructuring its AI team, while Bank of America’s new CTO emphasized strategic AI use. Analysts also noted a disconnect between AI hype and near-term business value.
The AI sector may be hitting an inflection point where hype must meet tangible results — a critical juncture for innovation and investment.
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