AI Boom or Bubble? Fired Intel CEO warns investors; predicts real change by 2030
Former Intel CEO Pat Gelsinger cautioned that the current AI spending surge mirrors the early internet boom, warning against assuming indefinite growth. While acknowledging massive innovation, he noted the dot-com era's unsustainable expansion. Gelsinger remains optimistic about AI's long-term transformative potential, anticipating significant efficiency improvements by the decade's end.
Former Intel CEO Pat Gelsinger cautioned that the current AI spending surge mirrors the early internet boom, warning against assuming indefinite growth. While acknowledging massive innovation, he noted the dot-com era's unsustainable expansion. Gelsinger remains optimistic about AI's long-term transformative potential, anticipating significant efficiency improvements by the decade's end.
