Google CEO Sundar Pichai may have just 'warned' every AI company across the globe, says: No company is going to be ...

Google CEO Sundar Pichai has weighed in on the ongoing debate in the industry on the AI bubble, issuing a stark warning regarding the current wave of AI investment. He stated that the tech giant sees “elements of irrationality” in the booming market and that “no company is going to be immune” if an AI bubble were to burst. Speaking to BBC News, Pichai acknowledged that the growth of AI investment marks an “extraordinary moment.” His comments came as AI companies are committing billions of dollars into establishing AI infrastructure, increasing their market valuations.

“I think no company is going to be immune, including us,” said the CEO of Alphabet, whose shares have doubled in seven months with the company reaching a $3.5 trillion valuation. His comments also echo the warnings made ahead of the dotcom crash in the late 1990s, when optimism for a new technology drove unsustainable valuations.

Pichai says Google will ‘weather the storm’

When asked about the risk of a market correction similar to the dotcom bubble, which led to job losses and corporate bankruptcies, Pichai stressed that while a correction might occur, the underlying technology’s importance is clear.

“We can look back at the internet right now. There was clearly a lot of excess investment, but none of us would question whether the internet was profound,” he said, adding, “I expect AI to be the same.”

While admitting no company, including Google, would be fully immune, Pichai expressed confidence in Alphabet's ability to weather potential turbulence due to its “full stack” model. This means that Google has necessary infrastructure – from specialised AI superchips to data – required for training of AI models.

The Google CEO noted that while AI tools are helpful "if you want to creatively write something" then people will "have to learn to use these tools for what they're good at, and not blindly trust everything they say".

Pichai also touched upon the immense energy needs of AI, acknowledging that the expansion of the technology has impacted the rate of progress toward the company's climate targets.

“The rate at which we were hoping to make progress will be impacted,” he stated. Pichai also addressed the impact of AI on the workforce, calling it “the most profound technology” that will “evolve and transition certain jobs.” He added that professionals who learn to use AI tools, whether they are teachers or doctors, “will do better.”

Recently, Google CEO Sundar Pichai defended the role of immigrants in building America's technology dominance, calling their contributions "phenomenal" as President Donald Trump's controversial $100,000 H-1B visa fee continues to spark fierce debate across Silicon Valley months after triggering panic among foreign workers.

"If you look at the history of technology development, the contribution of immigrants to the sector has been nothing but phenomenal," Pichai told the BBC on Wednesday when asked about Trump's crackdown on H-1B visa holders. The Alphabet CEO, who himself arrived in the United States as an international student before transitioning to an H-1B visa, acknowledged the visa system has shortcomings but expressed confidence that "there's a framework by which we all can still bring talented individuals."