Expert on Financial Bubbles Weighs in on AI Industry

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, investors are certainly waking up to the idea that what they've poured their money into may be, in fact, a bubble.

What this means for the future of AI is unclear, but history may offer us a few insights. Andrew Odlyzko, a professor of mathematics at the University of Minnesota, is considered a leading expert on economic bubbles of the past — so it's fascinating to hear his take in an Meanwhile, the trajectory of Nvidia, the world's foremost AI chip maker, resembles that of electric lighting. There was huge excitement for a new technology to replace candle and oil lighting, and at first, arc lamps were the dominant contender.

 

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