MARA CEO: Current AI Development Environment Similar to the 2000s Internet Bubble
Bitget2024/10/17 22:32
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Fred Thiel, CEO of bitcoin miner MARA (formerly Marathon Digital), has warned that the current AI environment is similar to the dot-com bubble of the 2000s, and that many companies may have overbuilt their infrastructure in the face of insufficient demand.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Onchain Lens requests Hyperliquid to flag the Drift Protocol exploiter's account
Odaily星球日报•2026/11/08 02:03
Pi Network is Going Big on AI as Token Price Remains Near Record Lows
BeInCrypto•2026/11/08 02:00
Circle Q3 Revenue Rises 17% to $865M on ARC Token Sale as Reserve Income Falls
Cryptopotato•2026/11/07 22:30
Crypto prices
More
Bitcoin
BTC
$75,626.63
-0.43%
Ethereum
ETH
$2,230.21
-0.64%
Tether USDt
USDT
$0.9986
-0.01%
BNB
BNB
$694.23
-0.10%
XRP
XRP
$1.16
-1.74%
USDC
USDC
$0.9997
-0.01%
Solana
SOL
$88.95
-1.66%
TRON
TRX
$0.3202
+0.83%
Zcash
ZEC
$1,243.98
-7.87%
Hyperliquid
HYPE
$77.55
-1.91%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now