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Powell: AI Different From 1990s Bubble, Firms Already Profitable

BlockBeats News, October 30, Federal Reserve Chairman Powell: Artificial intelligence is different from the 1990s bubble, as companies are already profitable. Clearly, AI investment is one of the key drivers of growth. (Xinhua News Agency)

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The burst of the Artificial Intelligence bubble will trigger a new round of financial turmoil, leading to a global return to monetary easing. During this time, Bitcoin will experience a temporary decline followed by a rebound.
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