AI Investment Boom Shows Signs of Market Correction, Former Meta Executive Warns
Former Meta president Nick Clegg has raised concerns about potential market correction in artificial intelligence investments. The industry veteran pointed to “unbelievable, crazy valuations” and massive capital requirements as indicators of bubble-like conditions.
AI Investment Boom Shows Bubble Characteristics
Former Meta Platforms executive Nick Clegg has warned that the artificial intelligence sector may be headed for a market correction, according to recent reports. The former president of global affairs stated that current investment patterns show “pretty prominent features of what looks like a bubble” during an interview with CNBC.
