Intel’s fired CEO Pat Gelsinger cautions on AI spending: We have seen this before and …
Former Intel CEO Pat Gelsinger cautioned that the current AI spending surge mirrors the early internet boom, warning against assuming indefinite growth. While acknowledging massive innovation, he noted the dot-com era’s unsustainable expansion. Gelsinger remains optimistic about AI’s long-term transformative potential, anticipating significant efficiency improvements by the decade’s end.