Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Citadel's CEO Ken Griffin said that investors are "almost certainly" in the middle of an AI bubble right now. In an interview with Bloomberg on Tuesday at the Future of Global Markets Conference in New York, Griffin said, "Any radical transformation of our economy is generally intertwined with a bubble." The billionaire spoke about the valuation metrics of internet companies back in 1999-2000, referring to some of their business models as 'fanciful'. Don't Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market?
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