3 elements of an AI bubble. 🗯️

How concerned are you that AI stocks are grossly overvalued. >> Let me share the work that I've been doing with Mike Spence, a friend and a Nobel Prize winner. We believe that we are in a rational bubble and there's three elements in particular of this bubble.First, those working on foundational models, not all of them are going to succeed and yet all of them are attracting significant investment. Second, diffusion isn't being talked about enough. Diffusion means getting AI into the workplace in an orderly ...