'AI hype is cooling off, then real value will emerge': Zoho chief scientist Sridhar Vembu compares AI hype to dot-com bust

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Sridhar Vembu, Zoho’s chief scientist, said the current AI surge shows similarities to the dot-com bubble. Vembu highlighted that trillions are being invested into AI despite insufficient revenue—let alone profit—to justify those massive investments, suggesting the boom may be overheated.