Top AI Investors Say Maybe It's a Bubble, but 'Bubbles Are Good for Innovation'

Developpez.com

Factuality

Ownership

Google DeepMind's CEO, Demis Hassabis, has recently warned against the unsustainable nature of the current valuations of start-ups specializing in artificial intelligence (AI), many of which are raising billions before even launching their products. According to him, this tendency to speculative financing reveals the flaws of the current valuation model and suggests a potential correction of the market. Demis Hassabis also stressed the importanc…