Google boss says trillion-dollar AI investment boom has 'elements of irrationality'
Alphabet CEO Sundar Pichai said the trillion-dollar investment boom in AI has "elements of irrationality," comparing the current market excitement to the dot-com bubble of the early internet. While emphasizing AI's profound potential, he warned that no company, including Google, would be immune if the bubble were to burst. Pichai drew a parallel to the late 1990s internet boom, noting that while the technology was transformative, it included periods of excess investment.
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