According to Business Insider, Intel’s former CEO Pat Gelsinger, in an interview, reflected on his tenure at the company and stated that the AI industry is currently in a bubble.<\/p>\n\n\n\n
Gelsinger now serves as a general partner at the venture capital firm Playground Global. During an interview with CNBC, he discussed his nearly four-year tenure as Intel’s CEO. He said, “Intel has made a series of wrong decisions over the past 15 years,” and “we were too slow to respond in the AI field.”<\/p>\n\n\n\n
He also mentioned that the current AI hype is a bubble. “Are we in an AI bubble? Of course, without a doubt,” he told CNBC’s program Squawk Box. “I mean, we are overhyping AI, accelerating investments, and putting huge leverage on the entire system.”<\/p>\n\n\n\n
However, he believes the bubble “won’t burst in the next few years.” Gelsinger noted that although the industry has shown a “trend toward AI transformation,” companies “have not yet truly started to gain substantial returns from it.”<\/p>\n\n\n\n
Other tech leaders have also indicated that there are signs of a bubble in the AI sector, including Sam Altman, CEO of OpenAI. Cai Congxin, a co-founder of Alibaba, said he “has started to see signs of a bubble.” Meanwhile, Jensen Huang, CEO of NVIDIA, was reluctant to compare the 2000 internet bubble to the current AI market.<\/p>\n","protected":false},"excerpt":{"rendered":"
According to Business Insider, Intel’s former CEO Pat Gelsinger, in an interview, reflected on his tenure at the company and stated that the AI industry is currently in a bubble. Gelsinger now serves as a general partner at the venture capital firm Playground Global. During an…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[8,22],"class_list":["post-823","post","type-post","status-publish","format-standard","hentry","category-technology","tag-ai","tag-intel"],"_links":{"self":[{"href":"https:\/\/morelinks.top\/index.php\/wp-json\/wp\/v2\/posts\/823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/morelinks.top\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/morelinks.top\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/morelinks.top\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/morelinks.top\/index.php\/wp-json\/wp\/v2\/comments?post=823"}],"version-history":[{"count":1,"href":"https:\/\/morelinks.top\/index.php\/wp-json\/wp\/v2\/posts\/823\/revisions"}],"predecessor-version":[{"id":824,"href":"https:\/\/morelinks.top\/index.php\/wp-json\/wp\/v2\/posts\/823\/revisions\/824"}],"wp:attachment":[{"href":"https:\/\/morelinks.top\/index.php\/wp-json\/wp\/v2\/media?parent=823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morelinks.top\/index.php\/wp-json\/wp\/v2\/categories?post=823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morelinks.top\/index.php\/wp-json\/wp\/v2\/tags?post=823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}