On July 10, George Noble, Partner at Noble Capital Advisors, stated in an interview with Bloomberg that the current AI investment frenzy is showing clear signs of a bubble: massive amounts of capital are pouring in, but tangible and verifiable investment returns are yet to be seen. In his opinion, the scale of this funding surge may even surpass that of the dot-com bubble. What is more concerning is that this bubble is more intertwined with the real economy, and once it bursts, the impact could be even more severe.
