Summary
Google CEO Sundar Pichai said that if the current intense interest in artificial intelligence (AI) drops suddenly, no company will be unaffected. Despite concerns about this, Google's stock continues to rise because of high demand for AI technology.
Key Facts
- Sundar Pichai, Google CEO, told the BBC that the AI boom has some "irrationality."
- Investors are worried about the long-term health of the AI market due to massive investments.
- Pichai stated that if the AI boom ends abruptly, no company, including Google, will avoid the impact.
- Pichai compared the AI situation to the early internet, which also had excessive investments but proved significant.
- Google shares have reached a record high, increasing by 51% this year.
- The demand for AI technology and Google's own AI platform, Gemini, are boosting Google's stock.
- Despite warnings, investors are still eagerly purchasing AI-related stocks.
