According to media reports BBC
The CEO of Alphabet and the head of Google, Sundar Pichai, said that the artificial intelligence industry is currently experiencing a period of an irrational boom. If it turns out that the investment bubble has burst, no company will have immunity from it. He expressed this view in an interview with the BBC.
Pichai warned that a collapse of investments in the field of artificial intelligence could seriously affect all market players. The current AI boom, in his view, is an “exceptional moment,” but it already shows signs of “irrationality.”
In recent months, the value of AI-focused companies has surged. Against this backdrop, Silicon Valley has been increasingly voicing concerns about a possible “overheating” of the market. Pichai acknowledged that even a company like Google will not be fully shielded from a potential downturn.
“I think that no company has immunity from this, including us”
At the same time, he emphasized the cyclical nature of investments in technology: as in the dot-com boom, the industry may “overdo it,” but this does not negate the depth and importance of the technology itself. According to Pichai, AI will be the same as the Internet: there will be excessive investments, but fundamentally a breakthrough technology.
Key takeaways from his remarks underscore that the innovative potential remains, but players must proceed cautiously: the long-term impact of artificial intelligence depends on the ability of markets to regulate, ethics of use, and transparency in development. In this context, Google and other tech giants continue to invest in research and development, focusing on sustainable growth and responsible use of technology.
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