Google AI Chief Warns of Hype and Potential Bubble Around AI Investments
- Google's AI chief says hype and "grifting" around AI investments resembles crypto hype, clouding the actual science and research
- Analysts warn of a potential AI bubble with startups seeing huge valuations amid a race to develop bigger AI models
- Nvidia reaching a $2 trillion valuation raises questions about the ceiling for AI stock performance
- One economist compares current AI hype to 1990s dot-com bubble
- Despite warnings, Google DeepMind chief remains extremely optimistic about transformative potential of AI across drug discovery, weather prediction, nuclear fusion, etc.