According to a report published today by Taiwan-based media outlet Economic Daily, Amin Vahdat, Google’s senior vice president of AI and infrastructure and chief technical expert, recently discussed the AI bubble. He said that the technological transformation and market demand brought by AI are both real, providing a sound basis for the company’s continued investment in AI.
Regarding recent concerns about an AI bubble, Vahdat said Google has already seen AI improve its capabilities, with multiple company services that each have more than 1 billion daily active users benefiting from AI.
Using Google Search as an example, he said that with the addition of AI Mode and AI Overviews, Google Search underwent one of the most significant transformations in its history over the past 12 to 18 months. In his view, Google Search is now a better product.
Google’s earnings report for the last quarter showed that its search business grew 18% year over year. For a service launched nearly 30 years ago with a massive user base, double-digit growth is especially notable, demonstrating that AI is bringing entirely new momentum to existing services.
He further emphasized that Google’s cloud business is also continuing to grow, as the company provides infrastructure such as TPUs, GPUs, and CPUs to users worldwide. These developments prove that demand in the AI market is real, providing ample justification for Google’s continued investment in AI.
Asked whether an AI bubble exists, Vahdat replied: “I’m not an economist, so I can’t say. But what I can say for certain is that the global trend toward AI transformation is very real.”
Using the development of the internet 25 years ago as an example, he noted that there may indeed have been an internet bubble at the time, but the existence of a bubble did not mean that the long-term development trend was false. Even after the internet bubble burst in 2001, the internet continued to develop, ultimately transforming society and customer industries.
Vahdat stressed that regardless of whether a bubble exists, the technological transformation and opportunities brought by AI are real and continue to change the world.