US EditionBenchmark’s Peter Fenton Isn’t Ready to Call This an AI Bubble
3 Articles
3 Articles
AI’s weird, frothy, bubble-icious summer
“This time it’s different.”Those four words, the official slogan of every economic bubble, have been weaponized in the age of AI. They’re the rallying cry of utopians and evangelists insisting the technology will reshape every corner of life, and that the financial gains surrounding it are therefore excusable. At the same time, those same boosters, along with their critics, wield the phrase as a cudgel in their endless sparring.The AI conversati…
Benchmark’s Peter Fenton Isn’t Ready to Call This an AI Bubble
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Kate Clark sits down with Benchmark partner Peter Fenton to talk about the firm’s investment strategy in an era dominated by artificial intelligence startups.
The euphoria of artificial intelligence drives stock market prices to unimaginable heights – but more and more experts are warning of an inflating AI bubble. While tech giants are investing billions in new applications, the S&P is reaching 500 record levels, driven by only a few tech heavyweights. But how long can this boom last before reality catches up with expectations? Stock markets: [...] The post The AI bubble is growing – when is it threa…
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