Powell Says AI Is Different From Dotcom Bubble and Is Major Source of Economic Growth

Fed Chair Not Worried About an AI Bubble. Here's Why It Differs From the '90s

'It's really a different thing,' Jerome Powell told reporters this week. However, the Federal Reserve is closely watching the impact of AI on hiring following high-profile tech layoffs.

Rosenberg Research: Is the AI boom a repeat of the dot-com bubble? Here’s what we think - and how investors should play it

We respond to a few of the most common talking points of the debate and outline how to approach it

Fed’s Jerome Powell Says AI Investment, Spending Not a Bubble

Federal Reserve Jerome Powell said on Oct. 30 that the immense growth in artificial intelligence (AI) investment spending is not a bubble akin to the 1990s. Powell, speaking to reporters at a post-meeting press conference, said that the current AI buildout is different from the dot-com bubble. During the dot-com boom, Powell noted, many companies’ valuations surged before filing for bankruptcy due to large losses. Instead, today’s AI investments…

Jerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’

Powell said the Fed is walking a tightrope as AI-fueled investment props up growth but erodes hiring.

Circular Investment Deals in AI Look Similar to the Dot-Com Bubble

Please buy my product, and I’ll use the money to buy yours. Flurry of Circular Deals The Wall Street Journal asks Is the Flurry of Circular AI Deals a Win-Win—or Sign of a Bubble? In the the strategic partnership announced in September by Nvidia and OpenAI, the company behind ChatGPT, Nvidia would invest as much as $100 billion in OpenAI, and that OpenAI is looking to buy millions of Nvidia’s specialized chips. OpenAI recently agreed to buy $30…

Powell says AI is different from dotcom bubble and is major source of economic growth

Powell says AI is different from dotcom bubble and is major source of economic growth