The AI Bubble is COLLAPSING in South Korea, The World is Next...
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Some unexpected bad news out of South Korea has implications for AI and a lot more. The investment boom triggered by ChatGPT has been a critical support for especially the Asian economy. Now there are signs it is cooling off along with a further setback in autos. Inopportune timing, to say the least.   Eurodollar University's conversation w/Steve Van Metre Bloomberg South Korea’s Economy Ekes Out Growth as BOK Assesses Riskshttps://www.bloomberg.com/news/articles/2024-10-23/south-korea-s-economy-ekes-out-growth-to-emerge-from-contraction https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
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