Blackstone Inc. President Jon Gray pushed back on the notion that there’s an AI bubble, just days after billionaire Ken Griffin said investors are "almost certainly" in the midst of one.
Citadel founder Ken Griffin warns AI investment may be in a bubble as companies struggle to show productivity gains, while remaining bullish.
"Corporate America has been very uneven in its ability to extract value from its AI models," Griffin said at the Future of Global Markets Conference in New York on Tuesday.Read Entire Article
Citadel's founder says investors are almost certainly in an AI bubble, warns a chip glut could crash prices like empty airline seats, yet expects the survivors to lead for decades.
Kamath said many AI companies in the United States lack a truly defensible moat, raising questions about how durable their advantages will prove. He suggested that value creation in AI will...
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