The recent sell-off in artificial intelligence stocks has sent shockwaves through the tech investment community, erasing months of gains for some of Australias leading technology funds. This dramatic shift has raised questions about the sustainability of the aggressive spending on AI by major players in the industry, especially in light of disappointing forecasts from key companies like Broadcom and Oracle. Investors are grappling with the reality that the high valuations of tech giants may not be justifiable, leading to a cautious reevaluation of their portfolios.