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Google CEO Sundar Pichai issued a pointed warning in an interview with the BBC: no company — not even Google — would be immune if the current AI boom turns into a bubble and bursts. He described today’s AI frenzy as an “extraordinary moment,” while also admitting there are “elements of irrationality” that echo past bubbles, especially the dot-com era.
Pichai argued that although Google believes it could weather a downturn — thanks to its deep investments across infrastructure, chips, research, and data — the fallout would still ripple throughout the tech ecosystem. He also expressed concern about the massive energy demands of AI: as the company scales up its computing power, he warned, meeting its net-zero emissions goals will become more challenging.
In short, Pichai’s message is both bold and cautious: while AI holds transformative potential, unchecked hype could lead to a sharp correction — and even the giants of tech are not exempt from the risk.
I guess you might call this "getting your excuses in first". Assuming the BBC hasn't been cut and pasting the interview to make him say what they wanted ...