Very cool and healthy for the CEO of a company investing massive amounts into a given technology to casually refer to it as a "bubble" at the same time. I guess he softens the statement a bit by calling it "an AI bubble" instead of the "the AI bubble", but it's still interesting to see everyone involved in this economic mess start to acknowledge it.
Unironically agreed that it's good for a CEO to remain relatively level headed and clear eyed.
The comparison made to the dotcom bubble is apt. It was a bubble, but that didn't mean that all the internet and e-commerce ideas were wrong, it was more a matter of investing too much too early. When the AI bubble pops or deflates, progress on AI models will continue on.
Yeah but imagine being one of the dotcom CEOs, knowing it was gonna pop, and being like "hey guys this is a bubble, also, we're pivoting to it as much as possible". The smart ones cashed out like Mark Cuban did.
