Alphabet CEO: No Company Is Immune to a Potential AI Market Bubble
Alphabet CEO Sundar Pichai has warned that even the world’s largest technology companies are not protected from a possible collapse of the artificial intelligence market. Speaking about current industry dynamics, he described clear signs of “irrationality” surrounding AI investments.
Parallels With the Dot-Com Era
Pichai compared the present situation to the dot-com bubble, when enormous capital flowed into internet startups — far more than the market could sustainably absorb. According to him, the same pattern of overheated expectations can now be seen in the AI sector.AI Is Fundamental, but the Hype Is Excessive
Despite pointing to excessive enthusiasm, Pichai emphasized that AI remains a transformative, foundational technology. Similar to the internet two decades ago, temporary market disruption does not diminish its long-term economic impact.Alphabet’s “Full-Stack Strategy” as a Shield
Pichai expressed confidence that Alphabet is better equipped than many competitors to survive potential turbulence. The company operates a “full-stack” strategy — controlling everything from chip design and data infrastructure to model development and deployment.Rising Energy Costs Delay Climate Targets
However, the CEO acknowledged a major challenge: the massive energy demands of modern AI systems. Alphabet has been forced to revise the timeline of its carbon-neutrality goals, originally planned for 2030, as the expansion of AI infrastructure has slowed progress.Editorial Team — CoinBotLab