Investor Warns of AI Bubble, Draws Parallels to Dot-Com Boom
Lauren Taylor Wolfe of Impactive Capital has declared the current AI investment frenzy a bubble destined to burst, drawing stark comparisons to the late-1990s dot-com crash. "We are absolutely in an AI bubble now. It is going to burst," Wolfe told CNBC, predicting significant investor losses when market corrections arrive. Her warning highlights speculative excesses like Oklo—a nuclear startup with $25B valuation despite zero revenue—as emblematic of the irrational exuberance.
The seasoned investor advocates for contrarian strategies, urging focus on misunderstood sectors rather than chasing hype. This approach mirrors her playbook during the dot-com era, where identifying undervalued opportunities proved critical. While Wolfe didn't reference specific cryptocurrencies, her cautionary stance on speculative manias carries implicit warnings for digital asset markets riding AI-related narratives.
