AI Boom: Rational Bubble or Investment Goldmine?
Update: 2025-11-13
Description
Mohamed El-Erian, a renowned economist, discusses the current AI boom, labeling it a rational bubble. He highlights the substantial value creation and real technological progress, unlike the dot-com bubble. However, he warns of potential losses and challenges, including overinvestment in foundational AI models and the lack of a clear national policy for AI integration. Despite these risks, El-Erian advises investors to adopt a venture capital approach due to the potential for significant payoffs.
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