US EditionAre we in an AI bubble that’s about to burst? Here’s what Nvidia’s Jensen Huang thinks
Bill Gates warns AI investments face risks similar to the dot-com bubble, with many companies likely to fail despite the technology's transformative potential.
- During a Tuesday appearance on CNBC's 'Squawk Box', Bill Gates said `that's not where we are` in an AI bubble, comparing it to tulip mania.
- In recent months, investors and tech leaders have debated the pace of AI investment, with OpenAI CEO Sam Altman warning of investor overexcitement while others say enthusiasm reflects AI's potential.
- Using the internet as a comparison, Bill Gates, Microsoft cofounder, said `The value is extremely high, just like creating the internet ended up being, in net, very valuable` and added, `In the end, something very profound happened. The world was very different`.
- Gates warned, `Absolutely, there are a ton of these investments that will be dead ends` and said many startups and AI firms risk burning capital, exposing investors to losses.
- By invoking the dot-com bubble, Gates positioned AI in historical perspective, comparing it to the late-1990s bubble where firms crashed and warning, `There are a ton of these investments that will be dead ends.
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Bill Gates says we're in an AI bubble similar to the dot-com bubble
"There are a ton of these investments that will be dead ends," Gates said.Bryan Bedder/Getty Images for Bloomberg PhilanthropiesBill Gates says we're in the midst of an AI bubble.He says it's probably not like the "tulip mania" that took place in the Netherlands in the 1630s.It could be like the dot-com bubble, where some companies ended up overvalued.Are we in the midst of an AI bubble? Bill Gates thinks so.But the Microsoft cofounder said duri…
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Are we in an AI bubble that’s about to burst? Here’s what Nvidia’s Jensen Huang thinks
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thueringer-allgemeine.de
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