{"id":39926,"date":"2025-07-21T17:46:06","date_gmt":"2025-07-21T09:46:06","guid":{"rendered":"https:\/\/www.1ai.net\/?p=39926"},"modified":"2025-07-21T17:46:06","modified_gmt":"2025-07-21T09:46:06","slug":"%e8%b0%b7%e6%ad%8c%e5%89%8d-ceo-%e6%96%bd%e5%af%86%e7%89%b9%ef%bc%9aai-%e8%a1%8c%e4%b8%9a%e4%b8%8d%e4%bc%9a%e9%87%8d%e8%b9%88%e4%ba%92%e8%81%94%e7%bd%91%e6%b3%a1%e6%b2%ab%e8%a6%86","status":"publish","type":"post","link":"https:\/\/www.1ai.net\/en\/39926.html","title":{"rendered":"Former Google CEO Schmidt: AI industry won't repeat 'dot-com bubble' mistakes"},"content":{"rendered":"<p>July 21, 2011 - Business Insider reported today that a former \"<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e4%ba%92%e8%81%94%e7%bd%91\" title=\"[View articles tagged with [Internet]]\" target=\"_blank\" >internet<\/a>Took office when the \"bubble\" burst<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e8%b0%b7%e6%ad%8c\" title=\"[View articles tagged with [Google]]\" target=\"_blank\" >Google<\/a> CEO Eric Schmidt recently attended the Paris R<a href=\"https:\/\/www.1ai.net\/en\/tag\/ai\" title=\"[View articles tagged with [AI]]\" target=\"_blank\" >AI<\/a>SE Summit, gives opinion on AI industry<strong>It's not going to be a \"bubble\" like the Internet industry.<\/strong>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-39927\" title=\"49bd738cj00szqtp60071d000jg00dbp\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2025\/07\/49bd738cj00szqtp60071d000jg00dbp.jpg\" alt=\"49bd738cj00szqtp60071d000jg00dbp\" width=\"700\" height=\"479\" \/><\/p>\n<p>Since the rise of ChatGPT, the AI industry has grown rapidly, with large tech companies investing more and sparking a new war for talent. The AI market is estimated to be valued at $189 billion in 2023, and is expected to grow to $189 billion by 2033.\u00a0<strong>4.8 trillion dollars<\/strong>(Note: The current exchange rate is approximately RMB 34.46 trillion).<\/p>\n<p>Schmidt, who currently invests in a number of AI companies including Anthropic, believes that<strong>Hardware and chip market performance<\/strong>is key to proving that the AI industry has long-term viability. \"You have these huge data centers and the<strong>NVIDIA would be happy to supply all the chips for them<\/strong>. I've never seen hardware capacity not fully utilized by software.\"<\/p>\n<p>Schmidt mentioned that in conversations with AI executives, he's heard talk of the AI industry being \"overbuilt,\" and that it's expected to reach \"excess capacity\" in two or three years. \"They'll say, 'I'm fine with it, everyone else will lose all their money.' Isn't that a classic bubble?\"<\/p>\n<p>On the other hand, some technicians in Silicon Valley believe that reinforcement learning chains will change the world. \"If you believe that these technologies will be the key to human development, then they<strong>Underrated, actually.<\/strong>, we need more.\"<\/p>\n<p>Schmidt (name)<strong>Did not take a position in favor of overcapacity or under-expansion<\/strong>, instead, expressed his opinion on whether AI is facing a bubble adjustment. \"Based on my experience, I think this<strong>Unlikely to be a bubble<\/strong>. More likely, we are ushering in a whole new industrial structure.\"<\/p>\n<p>However, not everyone agrees with this view. The debate on Wall Street about a potential bubble continues. Thorsten Slocum, chief economist at Apollo Global Management, says the stock market may be facing a bubble worse than the Internet bubble, and that\u00a0<strong>AI is the culprit.<\/strong>. \"The IT bubble of the 1990s is different from the AI bubble of today. \"The IT bubble of the 1990s is not the same as the AI bubble of today, where the top 10 companies in the S&amp;P 500 are valued higher today than they were in the 1990s.\"<\/p>","protected":false},"excerpt":{"rendered":"<p>July 21 news, according to \"Business Insider\" reported today, had been in the \"Internet bubble\" bursting period as CEO of Google Eric Schmidt recently attended the RAISE summit in Paris, expressed the view that the AI industry will not be like the Internet industry suffered a \"bubble! The AI industry will not suffer from a \"bubble\" like the Internet industry. Since the emergence of ChatGPT, the AI industry has developed rapidly, large technology companies have increased investment, but also triggered a new round of competition for talent. The AI market is estimated to be valued at $189 billion in 2023, and is expected to grow to $4.8 trillion by 2033 (note: the current exchange rate is about 34.46 trillion yuan). Schmidt currently invests in a number of AI companies, including Anthropic.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[411,1164,281],"collection":[],"class_list":["post-39926","post","type-post","status-publish","format-standard","hentry","category-news","tag-ai","tag-1164","tag-281"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/39926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/comments?post=39926"}],"version-history":[{"count":0,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/39926\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/media?parent=39926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/categories?post=39926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/tags?post=39926"},{"taxonomy":"collection","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/collection?post=39926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}