Linux Foundation Leader: We're Not in an AI Bubble

Linux Foundation Leader: We're Not in an AI Bubble

TOKYO — In his keynote speech at Open Source Summit Japan on Monday, Linux Foundation Executive Director Jim Zemlin argued that “Artificial intelligence may not be in a full-blown bubble, but large language models [LLMs] just might be.” Why? Zemlin started by pointing to staggering investment numbers that have dominated headlines. Morgan Stanley, he noted, estimates that $3 trillion will be spent on AI data centers between now and 2028, with hyp…

The AI bubble may burst, but it won’t be as bad as many think

The excitement around AI has been almost unprecedented this century, but in recent months the mood has begun to sour. Investors and executives of some of the biggest AI companies have openly questioned if current investment levels can really be justified, given the future revenue projections of the industry. Google Chief Executive Sundar Pichai was one of the most notable figures to raise concerns, speaking about the “irrationality” of many inve…