Google’s Pichai warns on AI bubble risk
Google CEO Sundar Pichai told the BBC that some 'irrationality' exists in today’s AI boom and that if an AI bubble bursts 'no company is going to be immune, including us.' The remarks come as Alphabet shares hit an all‑time high and trade higher premarket, with Pichai likening AI’s long‑term impact to the internet despite near‑term excesses.
📌 Key Facts
- Pichai said 'no company is going to be immune' if an AI bubble bursts and noted elements of 'irrationality' in the boom.
- Alphabet shares closed at a record high Monday, up 51% year‑to‑date, and were up about 0.5% in early Tuesday premarket trading.
- Google is benefiting from AI infrastructure demand and consumer adoption of its Gemini platform, the article notes.
📊 Analysis & Commentary (2)
"Using a past transformative invention as an analogy, the City Journal piece argues that AI’s long-term social and economic effects will be profound even as near‑term hype creates bubble risks, and it calls for measured regulation, infrastructure investment and social policies to manage disruption and capture benefits."
"A pro‑AI commentary that acknowledges Pichai’s caution about hype but argues the public and policymakers often conflate short‑term bubble talk with the long‑term transformational benefits of AI, urging measured governance instead of alarmist shutdowns."