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Ken Griffin's reported AI bubble remarks amid a 22.9% chip-index slide
A post says Griffin told Bloomberg's Dani Burger that AI is opening a “golden age of entrepreneurial activity.”
TLDR
An October 21 post says Citadel founder Ken Griffin told Bloomberg's Dani Burger that major economic transformations are generally intertwined with bubbles, while AI is opening a “golden age of entrepreneurial activity.” The post says the Philadelphia Semiconductor Index closed at 11,284 that day, 22.9% below its June 22 record, and asks whether the drop already reflects the risk of AI investment running ahead of its payoff.
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