"There's subtlety and nuance here. So the thing is, as always, you do want a bubble because the bubble is the sign that there's a lot of economic activity going on, and you just attract all sorts of people, right?" Ross told Murphy that the real question isn't whether there is an AI bubble, but whether people are making the right bets with their investments."
""When you focus on the real AI innovations, you can't put enough money into that, and there will be great returns. There will also be people who make mistaken investments that don't return," he said. "Is the amount of money that's paid into this AI boom going to be returned with interest? I think the answer to that is, yes. The question is, do you know how to invest in AI?""
An AI investment bubble can be a positive indicator because it signals heightened economic activity and attracts many participants. Investment returns are likely when capital is directed toward genuine AI innovations, while misplaced investments will fail to return. Determining overall payoff depends on investors' ability to identify and back real AI advances. Groq was founded in 2016 by Jonathan Ross after work at Google designing Tensor Processing Unit chips. TPU chips are specialized for AI models and represent an alternative to Nvidia graphics processing units. Some leaders acknowledge bubble-like elements but expect net positive returns.
Read at Business Insider
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