Google DeepMind Chief Flags ‘Bubble-Like’ Pattern in AI Sector, Crypto Market Reacts
- The Chief of Google DeepMind has called out a bubble-like pattern in the AI sector.
- The AI-specific crypto market has declined.
- More factors have likely contributed to its plummet.
Demis Hassabis, Google DeepMind Chief, has flagged the appearance of a ‘bubble-like’ pattern in parts of the AI industry. His statement comes after Microsoft’s chief flagged a similar concern if the adoption does not widen in the future. AI tokens have reacted with a decline in their values, possibly due to many more factors on a macro level.
Google DeepMind Chief on AI Sector
The CEO of Google DeepMind, Demis Hassabis, interacted with the media to underline the appearance of a bubble-like part in the AI sector. He added that there…
