MIT Study Warns AI Bubble Burst Could Trigger Historic Capital Misallocation
MIT analysis finds hyperscalers need 2.7x productivity gains by 2030 to break even on $1.1 trillion AI bets.
India's Nifty 50 fell nearly 1% in pre-open trade, and the rupee weakened amid suspected RBI dollar sales.
India's Nifty 50 index dropped nearly 1% during pre-open trading, while the rupee faced downward pressure. Traders indicated that the Reserve Bank of India was probably offloading US dollars in an effort to limit the currency's decline, signaling that policymakers continue to aim at reducing turbulence as the local market starts the session on a weak note.
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MIT analysis finds hyperscalers need 2.7x productivity gains by 2030 to break even on $1.1 trillion AI bets.
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