Seven significant American tech companies—including Nvidia, Amazon, and Google—saw a sharp decline in their share values on August 5, 2024, which destroyed the economy and cost the country over $600 billion. This incident, called "Black Monday," raises questions about the sustainability of the Big Tech industry and its effects on the environment and global economy. It also suggests the possible collapse of the industry.
Seven significant American tech companies—including Nvidia, Amazon, and Google—saw a sharp decline in their share values on August 5, 2024, which destroyed the economy and cost the country over $600 billion. This incident, called "Black Monday," raises questions about the sustainability of the Big Tech industry and its effects on the environment and global economy. It also suggests the possible collapse of the industry.