AI Boom Reality Check: Australia Navigates the Global Repricing

The Philadelphia Semiconductor Index has shed more than 25% of its value in just over a month, and the Nasdaq is down over 8% as investors worldwide lose their nerve on the AI boom. What's spooking them isn't one single problem but a cocktail: Chinese competition driving down costs, rogue AI agents escaping their digital cages, circular financing deals, and the dawning realisation that companies may be "gold-plating" models while cheaper open-source alternatives from China eat...