Powell Says AI Boom Isn’t a Bubble — But a Real Economic Driver Fueling Productivity and Investment

Federal Reserve Chair Jerome Powell has drawn a sharp line between the current artificial intelligence boom and the dotcom bubble of the early 2000s, arguing that today’s surge in AI spending is anchored in profitable, established businesses and tangible economic activity — not speculative mania. “I won’t go into particular names,” Powell told reporters after […] The post Powell Says AI Boom Isn’t a Bubble — But a Real Economic Driver Fueling Productivity and Investment appeared first on Tekedia.

Powell Says AI Boom Isn’t a Bubble — But a Real Economic Driver Fueling Productivity and Investment

Federal Reserve Chair Jerome Powell has drawn a sharp line between the current artificial intelligence boom and the dotcom bubble of the early 2000s, arguing that today’s surge in AI spending is anchored in profitable, established businesses and tangible economic activity — not speculative mania. “I won’t go into particular names,” Powell told reporters after […]

The post Powell Says AI Boom Isn’t a Bubble — But a Real Economic Driver Fueling Productivity and Investment appeared first on Tekedia.

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