Crypto-Like Bubble Possible In AI Says Nobel Laureate Romer, AI Coins To Suffer?

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Crypto-Like Bubble Possible In AI Says Nobel Laureate Romer, AI Coins To Suffer?

Nobel laureate Paul Romer warns about the potential of a bubble in the AI sector, drawing parallels to the crypto hype bubble of two years ago. He highlights concerns about the overestimation of AI's progress and the finite nature of data availability for further advancements.

Romer's comments have raised caution among investors in AI coins, as he questions the sustainability of the current AI growth trajectory. Major tech giants like Nvidia, Microsoft, and Alibaba are mentioned as key players in the AI space that could face challenges ahead.

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