The Future of AI: Bigger Than the Internet, Popping Bubble a Major Risk

1 min read
Source: CNBC
The Future of AI: Bigger Than the Internet, Popping Bubble a Major Risk
Photo: CNBC
TL;DR

Brad Gerstner, CEO of Altimeter Capital, predicts that artificial intelligence (AI) will surpass the internet, mobile, and cloud software in terms of impact. He compares the rise of AI to the dotcom boom of the late 1990s, acknowledging that there may be conflicting sentiments and uncertainties in the beginning. However, Gerstner remains optimistic about the next few years, citing the Federal Reserve's nearing end of its tightening cycle and a promising IPO pipeline. Altimeter's top bets include Meta, Microsoft, and Nvidia.

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