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Google boss says trillion-dollar AI investment boom has ‘elements of irrationality’ | BBC News
Every company would be affected if the AI bubble were to burst, the head of Google’s parent firm Alphabet has told the BBC.
Speaking exclusively to BBC News, Sundar Pichai said while the growth of artificial intelligence (AI) investment had been an “extraordinary moment”, there was some “irrationality” in the current AI boom.
It comes amid fears in Silicon Valley and beyond of a bubble as the value of AI tech companies has soared in recent months and companies spend big on the burgeoning industry.
Asked whether Google would be immune to the impact of the AI bubble bursting, Mr Pichai said the tech giant could weather that potential storm, but also issued a warning.
“I think no company is going to be immune, including us,” he said.
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The US has intercepted and seized an Iranian-flagged cargo ship attempting to get past its blockade of Iran’s ports, according to US President Donald Trump.
He said the ship was given “fair warning to stop” in the Gulf of Oman but refused, so the navy “stopped them right in their tracks by blowing a hole in the engine roomâ.
Earlier it was confirmed that a US delegation led by the Vice President JD Vance will be In Pakistan for a new round of peace talks with Iran. However Iran has not confirmed that it will be participating in the talks.
Trump has again threatened to destroy Iranâs power plants and bridges if they do not reach a deal with the US, including reopening the strait of Hormuz to international shipping.
Clive Myrie presents BBC News at Ten reporting by Lyse Doucet in Iran and Simi Jolaoso in Washington.
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The BBC’s Daniel Sandford spent the morning on the frontline of Ukraine’s protests waiting to see whether the violence from previous night would materialise.
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The ceasefires in Iran and Lebanon are both described as “shaky”, but as the din of war fades, our diplomatic correspondent Paul …
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