Citadel Founder Ken Griffin Says AI Is Almost Certainly in a Bubble

WHY IT MATTERS

When a well-known investor like Ken Griffin calls something a "bubble," it means he thinks the market is paying far more for it than it is currently worth — like paying a premium price for a concert ticket to a show that might get canceled. This matters to crypto because some cryptocurrency projects are built around AI-related services, such as renting out computing power for AI tasks. If traditional investors become more cautious about AI, it could affect interest in these AI-linked crypto projects too. A "GPU" is a type of computer chip originally designed for graphics but now widely used to power AI systems. Griffin's airline seat analogy means that, like an empty seat on a plane that cannot be resold after takeoff, a GPU sitting idle loses its earning potential in that moment.