Ken Griffin Says AI ‘Almost Certainly’ in a Bubble Right Now

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Ken Griffin Says AI ‘Almost Certainly’ in a Bubble Right Now
Takeaways by Bloomberg AI
Billionaire Ken Griffin said investors are “almost certainly” in the midst of an artificial intelligence bubble as many companies are still grappling with just how much they’ll spend on the technology and how it will transform the economy.
Investors’ anxiety over the durability of the AI boom reached a fever-pitch in recent weeks amid fears that the substantial upfront capital spending the technology needs will take longer than expected to translate into profits and productivity gains.

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