Is the AI Boom Turning Into a Bubble?

[inside] Massive AI spending spree sparks bubble fear!

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Is the AI Boom Turning Into a Spending Bubble?

AI spending is skyrocketing, with Big Tech firms pouring billions into data centres to fuel the AI boom. But experts warn that this massive investment may be forming an economic bubble. Microsoft, Google, Amazon, Meta, and Nvidia together could spend $371 billion this year alone, with projections reaching $5.2 trillion by 2030. However, many analysts question whether AI revenues will ever catch up to these costs, especially when most AI projects haven’t yet shown clear profits.

Key Highlights

  • Big Tech may need $2 trillion in new annual revenue by 2030 to justify current data centre spending.

  • Experts like Harris Kupperman call the current surge in AI investment “a bubble.”

  • 95% of AI projects have shown no measurable returns, according to MIT.

  • Despite doubts, leaders like Sam Altman and Mark Zuckerberg remain confident that AI is the next big tech shift.

Gmail’s New Feature Can Now Schedule Meetings for You

Google is making it easier to set up meetings right from Gmail with a new Gemini-powered feature called “Help me schedule.” The tool automatically suggests meeting times based on your calendar and the context of your email, removing the usual back-and-forth hassle. Once the recipient selects a time, Google Calendar creates an invite automatically for both parties.

Key Highlights

  • Gemini scans your email and Google Calendar to recommend suitable meeting slots.

  • The feature currently supports one-on-one scheduling only.

  • Rolling out from October 13, 2025, for Rapid Release domains and October 28 for Scheduled Release domains.

  • Available for Workspace Business, Enterprise, Education AI Pro, and Gemini plan users.

“AI Won’t Replace You” Google Cloud CEO

Google Cloud CEO Thomas Kurian believes AI will enhance jobs, not replace them, offering a more positive outlook amid fears of automation-led layoffs. He said AI is designed to boost human capabilities, not eliminate roles, and pointed to Google’s Customer Engagement Suite as proof that AI can create new opportunities while helping employees focus on complex tasks.

Key Highlights

  • Kurian says AI augments human work rather than replacing it.

  • Google’s Customer Engagement Suite helps automate routine queries without cutting jobs.

  • Google CEO Sundar Pichai also noted a 10% rise in engineer productivity thanks to AI tools.

  • 30% of Google’s new code is now AI-generated, yet hiring continues to grow.

Geekflare Connect

Collaborative Workspaces

Geekflare Connect’s Collaborative Workspaces make it easier for teams to stay organized while working with multiple AI tools. You can group chats by project, manage access for team members, and securely share conversations so everyone stays on the same page without digging through endless threads.

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Cheers,

Keval, Editor

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