Mitchell Green Points Out That the AI Market Is in a Bubble
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Mitchell Green, founder of Lead Edge Capital, stated in an interview with CNBC that the current AI market is clearly in a bubble, and this bubble may burst. He believes that there could be overbuilding in AI infrastructure in the future, with many companies investing too much capital due to excessive optimism. While AI has found a killer application in programming, the next wave of applications and giants that will truly change the world has yet to emerge. Green warns that this round of the AI bubble is compounded by complex debt and hidden leverage, and once growth expectations fail to materialize, the risks will be further amplified.
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