It is tech’s biggest question, and there is a wide range of takes on every side.
With artificial intelligence-driven spending leading to record deals and valuations, seemingly everyone is weighing in on the AI boom — and potential bust.
Economic bubbles happen with a rapid rise in market values and asset prices in a specific area, often fueled by speculation, followed by a crash during which money is quickly taken out.
More than 1,300 AI startups now have valuations of over $100 million, with 498 AI “unicorns,” or companies with valuations of $1 billion or more, according to CB Insights.
Megacaps like Amazon, Meta, and Microsoft are spending billions on data center buildouts, and blockbuster deals are being announced left and right from OpenAI, Nvidia
