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Powell – unlike the dotcom boom, AI spending isn't a bubble

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Powell – unlike the dotcom boom, AI spending isn't a bubble

RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 1 month ago

cross-posted to:
usa@lemmy.ml

Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’ | Fortune

However, the Fed chair noted that the growth is unevenly distributed and concentrated among only a few companies.

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1 month ago
That is one particular side of the conversation

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