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Big Tech's huge AI spend creates 'a little bit of a prisoner's dilemma,' says a hedge fund exec

By Business Insider   |   1 month ago
Big Tech's huge AI spend creates 'a little bit of a prisoner's dilemma,' says a hedge fund exec

The AI boom is driving concerns of a potential burst due to excessive spending by Big Tech companies. Hedge-fund executive Tony Yoseloff highlights the parallels with past technological shifts, cautioning about potential market challenges and overexcitement in AI investments.

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