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business22h ago
The world's business leaders are predicting some AI 'blow-ups'
- DealBook Summit panel says AI will bring both huge winners and big losers as the industry scales.
- Anthropic CEO Dario Amodei cautioned that timing errors could propel some players to fail despite strong promises.
- Larry Fink noted demand for AI will stay, but compute limits challenge ongoing investments.
- Fink said hyperscalers like Amazon, Google, and Microsoft are short on compute as AI infrastructure expands.
- Amodei warned that companies must manage risk as data-center costs and capital requirements rise.
- Amodei suggested his firm focuses on enterprise clients and conservative compute investments.
- Taiwanese leader Lai Ching-te urged global cooperation to ensure sustainable AI growth.
- Lai noted Taiwan’s chip leadership underpins AI and the need to prevent an AI calamity.
- DealBook Summit featured top leaders discussing AI's state, investments, and regulatory roles.
- The discussion reflected concerns about a potential AI 'bubble' on Wall Street.
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