Here’s why concerns about an AI bubble are bigger than ever

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas in January. Patrick T. Fallon/AFP via Getty Images

Patrick T. Fallon/AFP via Getty Images

Perhaps nobody embodies artificial intelligence mania quite like Jensen Huang, the chief executive of chip behemoth Nvidia, which has seen its value spike 300% in the last two years.

A frothy time for Huang, to be sure, which makes it all the more understandable why his first statement to investors on a recent earnings call was an attempt to deflate bubble fears.

“There’s been a lot of talk about

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