Binance founder Changpeng Zhao (CZ) stated on the X platform on May 29 that while Artificial Intelligence (AI) is here to stay and will experience exponential growth, the majority of AI companies are destined to fail due to market oversaturation. He noted that even the surviving companies will face significant price volatility, and new competitors will continuously emerge to take their place. Zhao concluded that this cycle is consistent with the trajectory of any other emerging industry.
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Binance Founder CZ: AI Will Grow Exponentially, But Most AI Companies Will Fail
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Binance founder Changpeng Zhao (CZ) stated on the X platform on May 29 that while Artificial Intelligence (AI) is here to stay and will experience exp...
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