Hot offerings: A billboard advertising AI services in California. Selby says there is probably pain ahead for AI investors as valuations skyrocket. — Reuters
Singapore: The euphoria around artificial intelligence (AI) may have led to the biggest bubble yet in private technology investing, AZ-VC founder and managing partner Jack Selby says, sounding warning bells that a correction in startup valuations is in the cards.
Consumers are getting used to AI services at “pennies on the dollar of what they actually cost now”, Selby said in an interview with Bloomberg TV at the SuperReturn Conference in Singapore.
