Former Intel CEO Pat Gelsinger confirms the industry is in an AI bubble, but that a pop could be several years away — 'We’re displacing all of the internet and the service provider industry as we think about it today'

Former Intel CEO Pat Gelsinger acknowledges the existence of an AI bubble but believes it may take several years to burst. Despite concerns about the impact of AI on various industries, Gelsinger suggests that significant changes in the semiconductor industry could delay any negative outcomes. The ongoing investments in AI technologies, including massive data centers, are raising worries among experts, with fears of a potential crash that could affect multiple sectors. Financial institutions heavily invested in AI companies like Nvidia and OpenAI could face severe consequences if the bubble bursts, impacting a wide range of stakeholders.