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Is the AI boom an AI bubble?

Summary

The article discusses whether the rapid growth of artificial intelligence (AI) in the U.S. might lead to an economic bubble. An economist from Stanford University shares insights on this potential issue.

Key Facts

  • The AI industry in the U.S. is growing quickly.
  • A possible economic bubble refers to when a product or industry is overvalued and could lead to a sudden market crash.
  • Jared Bernstein, an economist from Stanford University, talks about this possibility.
  • Bernstein was once the chief economic adviser to President Biden.
  • The conversation is available as an audio recording on NPR.

Source Information