Zoho founder Sridhar Vembu warns: This boom makes me very uncomfortable, as current investment in AI is ...

Zoho founder Sridhar Vembu warns: This boom makes me very uncomfortable, as current investment in AI is …

Zoho founder Sridhar Vembu is the next to join the ongoing ‘AI bubble’ debate. Vembu has issued a cautionary warning on the present surge in artificial intelligence investments. He described the market as a ‘financial bubble’ that could distort long-term innovation. In an interview with CNBC-TV18, Vembu said that while AI holds enormous promise, the…

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Is the AI boom becoming a bubble? Why Goldman, JPMorgan, IMF are sounding the alarm

Is the AI boom becoming a bubble? Why Goldman, JPMorgan, IMF are sounding the alarm

The global market’s AI euphoria may be hitting a critical inflection point. After two years of record-breaking gains, a growing chorus of financial heavyweights, from Goldman Sachs and JPMorgan to the IMF and Bank of England, are warning that what began as a genuine technological revolution is now flashing unmistakable signs of speculative excess that…

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AI may be an ‘industrial bubble,’ but its benefits to society will be ‘gigantic’

AI may be an ‘industrial bubble,’ but its benefits to society will be ‘gigantic’

Amazon founder Jeff Bezos has reportedly called artificial intelligence an “industrial bubble,” on Monday. The term “bubble” refers to a period of inflated stock prices or valuations of companies that have disconnected from the fundamentals of a business. One of the most famous bubbles that burst was the 2000 dotcom crash where the value of…

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