
AI Boom & Global Crises: A World of Winners, Losers, and Peril
AI Boom & Global Crises: A World of Winners, Losers, and Peril
Multiple sources, including Cisco CEO Chuck Robbins, JPMorgan Chase CEO Jamie Dimon, and Google's Sundar Pichai, are warning that the current AI boom, while potentially transformative and "bigger than the internet," likely constitutes a bubble with inevitable "carnage" for some companies and job displacement in certain sectors. Drawing parallels to the dotcom bubble, these leaders suggest that while AI holds immense promise, the current investment frenzy may lead to significant losses and market corrections.
















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