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Is There an A.I. Bubble? A Debate.
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The gargantuan bet on the future of A.I. is driving the U.S. stock market and economic growth. And the building of data centers is sucking up so many construction resources, it’s crowding out the construction of homes. The multitrillion-dollar question is: Will this bet pay off? Or is it a bubble, destined to burst and pull the economy down with it? Paul Kedrosky is a partner at SK Ventures, a fellow at M.I.T., and the author of a newsletter about A.I.. He thinks we’re very obviously in a bubble. Azeem Azhar is a technology entrepreneur and the author of the newsletter Exponential View. He has a more optimistic take. (The New York Times has sued OpenAI and Microsoft claiming copyright…