TECH A.I. is a $1 trillion investment opportunity but will be ‘biggest bubble of all time,’ CEO predicts

 

Here's a quote from the source site...

  • Speaking with UBS analysts on a call last week, Stability AI CEO Emad Mostaque said of AI: “I think this will be the biggest bubble of all time.”
  • Stability AI is the company behind Stable Diffusion, one of the other more popular generative AI tools aside from OpenAI.
  • Mostaque said that the total amount of investment needed in AI was likely to be $1 trillion.

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Artificial intelligence will be the biggest bubble of all time, according to the CEO of open-source AI company Stability AI.

Speaking with UBS analysts on a call last week, Stability AI CEO Emad Mostaque said of artificial intelligence: “I think this will be the biggest bubble of all time.” He added that it is still at the very early stages and not ready for mass-scale adoption in industries like banking just yet.

For more information, go to https://www.cnbc.com/2023/07/17/ai-will-be-the-biggest-bubble-of-all-time-stability-ai-ceo.html

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