Retail investors' fear of an "AI bubble" appears to have fallen off after spiking this summer. It could mean the stocks have further to balloon before they ultimately top out. The number of U.S. and worldwide web searches for the term "AI bubble" peaked on Aug. 20 and Aug. 21, respectively, according to Google Trends data spanning the past three years. Searches for the term dramatically outpaced searches for "stock market bubble," "AI boom" and "crypto bubble" at the time. Peak interest in AI bubble searches came shortly after a Massachusetts Institute of Technology report found that 95% of organizations are getting zero return despite funneling between $30 billion to $40 billion in enterprise investment into generative AI. Around the same time, Meta confirmed it paused hiring for its new

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