Emad Mostaque, CEO of Stability AI, has warned that the artificial intelligence industry is at risk of a major bubble, which he predicts will be the biggest of all time. He likens it to the dot-com bubble of the late 90s, with excessive hype around AI inflating stock prices beyond reason.
Mostaque believes that AI still has a long way to go before it can be safely integrated into mission-critical systems, but he remains upbeat about its long-term potential and predicts dire consequences for companies that don't embrace it appropriately. He advises caution when approaching AI investment and warns of a potentially bumpy ride into the 'Dot AI' era.
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