Crypto

Ken Griffin Says AI Is ‘Almost Certainly’ in a Bubble—And Compares GPUs to Airline Seats

Summary

Citadel founder Ken Griffin believes the artificial intelligence sector is very likely experiencing a market bubble. He warns that an oversupply of advanced computer chips could severely depress prices, mirroring the economic dynamics of unsold airline inventory. Despite this potential crash, he anticipates that the companies that endure this phase will dominate their industries for decades.

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.

Source: Read the full story at Decrypt

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