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As AI app cancellations accelerate, intensifying questions about profitability, Moody's has raised potential debt concerns, while Stiglitz diagnosed the AI frenzy as a bubble.

Doubts About AI Profitability Widen

The recent acceleration in AI app cancellations has led to widening doubts among investors regarding the profitability of AI technology. According to data from RevenueCat, an app subscription management service, the churn rate for AI apps is accelerating, a factor that is exacerbating challenges in securing profitability for the industry.

Moody's Raises Debt Concerns, Stiglitz Calls AI a 'Bubble'

International credit rating agency Moody's has raised concerns about a potential increase in debt within the AI industry. Nobel laureate Professor Joseph Stiglitz described the current AI fervor as a 'bubble,' emphasizing the need for a cautious approach. Conversely, Nvidia CEO Jensen Huang expressed a contrasting view, stating that AI demand continues to grow.

*Source: Chosunbiz (2026-03-11)*

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