AI Bubble Fears: Anthropic CEO Warns of Risky Spending

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Anthropics CEO, Dario Amodei, warns of potential risks in AI industrys aggressive spending, hinting at a consumer AI firm with uncertain profits and impulsive decisions. He expresses concern about a potential AI bubble and the challenge of predicting AIs economic value, given long lead times and the difficulty of planning massive investments. These concerns are reflected in the cooling excitement around AI-related stocks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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