Fear and loathing: Datacom CEO on the looming AI ‘correction’
Head of the country’s largest tech company says it’s a question of when rather than if AI stocks will be re-rated.
You won’t lose your job to AI, you’ll lose it to someone who knows how to use AI.
The current amount of investment being thrown at AI is 17 times the size of the dotcom bubble.
It's also four times that of the subprime mortgage and housing bubble, a main trigger to the 2008 global financial crisis.
Datacom group chief executive Greg Davidson said about 18 months ago there was a
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