‘AI hype is cooling off, then real value will emerge’: Zoho chief scientist Sridhar Vembu compares AI hype to dot-com bust

, By The Economic Times
‘AI hype is cooling off, then real value will emerge’: Zoho chief scientist Sridhar Vembu compares AI hype to dot-com bust
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Chief Scientist of Zoho, Sridhar Vembu, on Wednesday weighed in on whether artificial intelligence (AI) is entering bubble territory, drawing a striking parallel between the current AI boom and the dot-com era.

In an interview with ANI, when asked whether AI is a bubble, Vembu pointed to growing signs of slowdown in the US technology and financial sectors, saying, “As of last week, already there are signs in the US technology sector, the US stock market, that there is a pronounced cooling… We are talking about two, three trillion-dollar investment…



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‘AI hype is cooling off, then real value will emerge’: Zoho chief scientist Sridhar Vembu compares AI hype to dot-com bust

, Published By The Economic Times
‘AI hype is cooling off, then real value will emerge’: Zoho chief scientist Sridhar Vembu compares AI hype to dot-com bust
AI



Chief Scientist of Zoho, Sridhar Vembu, on Wednesday weighed in on whether artificial intelligence (AI) is entering bubble territory, drawing a striking parallel between the current AI boom and the dot-com era.

In an interview with ANI, when asked whether AI is a bubble, Vembu pointed to growing signs of slowdown in the US technology and financial sectors, saying, “As of last week, already there are signs in the US technology sector, the US stock market, that there is a pronounced cooling… We are talking about two, three trillion-dollar investment…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
YC’s Groww stake worth Rs 8,000 crore post IPO, leads the way for its India portfolio
Next News
Fei-Fei Li’s World Labs speeds up the world model race with Marble, its first commercial product
The Economic Times

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