Overview
- Bret Taylor told Axios the surge "probably is a bubble," comparing it to the dot‑com era where failures coexisted with generational winners.
- At Reuters NEXT, executives described trillions in AI investment and said hiring plans are tightening, echoing a Federal Reserve analysis that entry-level roles are already being replaced.
- NTT DATA CEO Abhijit Dubey predicted a brief correction followed by stronger adoption, noting supply chains are largely spoken for over two to three years and pricing power is shifting to chipmakers and hyperscalers.
- Connecticut’s comptroller warned of bubble risks and infrastructure strain, reporting huge power and water needs for data centers and noting no AI‑scale facilities have yet connected to the New England grid.
- BlackRock’s outlook questions whether AI can lift U.S. growth above its long‑run trend, while other strategists caution that rapid rate cuts and fiscal support could stoke overheating even as AI use keeps spreading.