Mountain View / London, November 18, 2025:
Alphabet and Google CEO Sundar Pichai has issued a stark warning: if the current AI investment frenzy turns into a bubble that bursts, no company — not even Google — will escape unscathed. Speaking in an interview with the BBC, he called the moment “extraordinary” but acknowledged “elements of irrationality,” drawing parallels with the dot-com boom’s excesses.
Pichai said that despite Google’s strength and long-term vision, the company is not immune to a market downturn. He argued that while the internet’s boom had some clearly overvalued bets, its long-term impact was undeniable — and he expects a similar scenario with AI. But he cautioned that companies should brace themselves for a possible correction, even as they continue to push forward in the AI race.
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