India, Dec. 28 -- Artificial intelligence has become one of the most powerful investment themes of this decade, with expectations that it will transform industries, reshape business models, and produce the next generation of global leaders. Investors are committing trillions of dollars on the belief that today's aggressive spending will translate into durable profits over time, even as valuations rise and expectations move well ahead of current realities.

History suggests that every major technology cycle eventually reaches a point where optimism is tested and assumptions are questioned. Is the AI boom approaching such a moment, and what are the key signals an investor should look out for?

AI Bubble Explained Since late 2022, generativ...