In an interview with CNBC, Microsoft co-founder Bill Gates voiced his concerns, stating that the world is currently in the midst of an AI investment craze reminiscent of the late 1990s' "dot-com bubble." He underscored that, while AI undoubtedly holds genuine technological merit, a significant portion of the present-day investments may not pan out. Gates clarified that this phenomenon is not a mere speculative frenzy akin to the 17th-century tulip mania, given that tangible technological advancements in AI do exist. Nevertheless, he drew parallels between the current market landscape and the dot-com bubble era, a time when numerous companies jumped on the bandwagon, squandered their cash reserves, and eventually collapsed. This perspective has found resonance among several industry leaders. Despite the looming specter of a bubble, tech behemoths are still aggressively scaling up their computing power infrastructure. Gates asserted that AI is poised to become a disruptive force, with the potential to revolutionize sectors such as healthcare, education, and communications. However, he also sounded a note of caution, warning that the industry's breakneck expansion could result in a squandering of resources.