AI: A Bubble Ready to Burst? Ken Griffin Sounds the Alarm

Ken Griffin believes investors are “almost certainly” in an AI-related bubble. The founder of Citadel does not, however, question the technology itself. His concern is mainly about the amounts invested, the cost of GPUs, and the difficulty many companies have in turning their expenses into productivity gains. For him, a correction could eliminate many players while allowing the future giants of the sector to emerge. Ken Griffin delivered his diagnosis during the Future of Global Markets conference organized by Citadel in New York. The billionaire thus joins several investors who are already questioning a possible overheating of AI-related valuations . His position remains, however, more nuanced than a simple call to sell. “Any radical transformation of our economy is generally related to a bubble,” he explained.

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