Worries over an AI bubble are mounting.
A growing list of experts, from the Bank of England to investor Michael Burry of ‘The Big Short’ fame, have indicated belief in an overvaluation of AI stocks to varying degrees.
Over the past few months, tech executives leading companies with record valuations thanks to the AI hype have also joined their ranks. Sam Altman said in August that he thinks investors are currently “ over-excited ” about AI. Just last month, Bezos called AI an “ industrial bubble .”
The latest name to add to that list is Google CEO Sundar Pichai.
“Given the potential of this technology, the excitement is very rational. It’s also true, when we go through these investment cycles, there are moments we overshoot collectively as an industry,” Pichai told the BBC

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