Is AI About to Run Out of Data? The History of Oil Says No | TIME
Ferguson is the Milbank Family Senior Fellow at the Hoover Institution at Stanford University and a Senior Faculty Fellow at the Belfer Center for Science and International Affairs at Harvard University. He is the author of 16 books, most recently 'Doom: The Politics of Catastrophe.' He is also the founder of advisory firm Greenmantle and a founding trustee of the new University of Austin. I s the AI bubble about to burst? Every day that the stock prices of semiconductor champion Nvidia and the so-called “Fab Five” tech giants (Microsoft, Apple, Alphabet, Amazon, and Meta) fail to regain their mid-year peaks, more people ask that question. It would not be the first time in financial history that the hype around a new technology led investors to drive up the value of the companies selling it to unsustainable heights—and then get cold feet. Political uncertainty around the U.S. election is itself raising the probability of a sell-off, as Donald Trump expresses his lingering resentments a
Is the AI bubble about to burst? Every day that the stock prices of semiconductor champion Nvidia and the so-called “Fab Five” tech giants (Microsoft, Apple, Alphabet, Amazon, and Meta) fail to regain their mid-year peaks, more people ask that question. It would not be the first time in financial history that the hype around a new technology led investors to drive up the value of the companies selling it to unsustainable heights—and then get cold feet. Political uncertainty around the U.S. election is itself raising the probability of a sell-off, as Donald Trump expresses his lingering resentm
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