CandleFocus

AI could be the ‘biggest bubble’ since dot-com

The article discusses the potential for crypto to benefit from the success of artificial intelligence (AI). However, the author, Toe Bautista from GSR, raises concerns about the sustainability of AI and the possibility of a future bubble. Bautista suggests that more revenue and profit need to be reported, rather than relying solely on funding rounds. He also advises keeping an eye on Nvidia as a barometer of capital flowing into AI. Despite these reservations, Bautista acknowledges the potential growth of AI as an asset class and remains cautiously optimistic.

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