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Video | We Are Already in an Artificial Intelligence Bubble

Aug 14, 09:00

Lead Edge Capital founder Mitchell Green said in an interview with CNBC that the current AI market is clearly in a bubble, and this bubble is likely to burst eventually. He believes that there may be overbuilding of AI infrastructure in the future, with many companies investing too much capital out of over-optimism. While AI has now found killer applications in programming, the next wave of applications and giants that will truly change the world have not yet emerged. Green believes that the real concern is that this AI bubble is accompanied by more complex debt and hidden leverage. If growth expectations fail to materialize, the risk will be further amplified.