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There Isn't an AI Bubble - There Are Three
Fast Company ran a contrarian take about AI from entrepreneur/thought leader Faisal Hoque, who argues there's three AI bubbles. The first is a classic speculative bubble, with asset prices soaring above their fundamental values (like the 17th century's Dutch "tulip mania"). "The chances of this ...
More recently, it happened in the late '90s with the rollout of huge amount of fiber optic cable in anticipation of internet traffic demand that didn't turn up until decades later. All kinds of media — social, print, and web — are filled with AI-related content, while AI boosterism has been the mood music of the corporate world for the last few years. The winners will be companies with systematic approaches to extracting value — adopting mixed portfolios with different time horizons and risk levels, while recognizing organizational friction points for a purposeful (and holistic) integration.
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