Is Ai About To Run Out Of Data? The History Of Oil Says No

Niall Ferguson and John-Clark Levin, Time
Fri, 08/02/2024 - 3:48am

Is the AI bubble about to burst? Every day that the stock prices of semiconductor champion Nvidia and the so-called “Fab Five” tech giants (Microsoft, Apple, Alphabet, Amazon, and Meta) fail to regain their mid-year peaks, more people ask that question. It would not be the first time in financial history that the hype around a new technology led investors to drive up the value of the companies selling it to unsustainable heights—and then get cold feet.

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Topics:  nvidia    ldquo;fab   five&rdquo    microsoft   apple   alphabet   meta    u.s    donald trump   big tech   taiwan   gpt-4   gemini   charts that show why ai progress is unlikely   slow down   jeff   bezos&rsquo   linkedin   british   clive   ray kurzweil   billion-dollar price tag   building ai   smithsonian   u.k national archives   google   anthropic   scale ai   sama   labelbox   openai used kenyan workers   less than   per hour   make chatgpt less toxic   associated press   european   union&rsquo   general data protection regulation   europe&rsquo   china&rsquo   america   chinese ai   western   ai   a   amazon   an   read   open   ai&rsquo   openai   run   history   oil   models   prices   sources   economic   future   online   drive   fresh   techniques   expensive   orders   sector   question   burst   bubble   hype   millions   internet   skeptics   long-term   needed   firms   sense   refining   licensing   petroleum   deep   locked   key   reserves   drilling   
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