Google CEO Sundar Pichai says the current surge in AI investment resembles the dot-com boom, warning that an eventual “AI bubble” burst would impact every company. Speaking to the BBC, he noted that, just like in the 1990s, there’s both rational excitement and some irrational excess — but the underlying technology will remain transformative. Alphabet’s stock has doubled this year amid the AI frenzy, while the broader market sees increasingly complex deals that some analysts fear are artificially inflating valuations. Despite the risks, Google is still investing heavily, including a new $40 billion data-center expansion in Texas.
Source: Android Authority
