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Baidu CEO: Only 1% of AI Companies Will Emerge as Winners

By Juro Osawa

Baidu CEO: Only 1% of AI Companies Will Emerge as Winners

Baidu CEO Robin Li compared the current artificial intelligence frenzy to the dot-com bubble of the late 1990s, and predicted that only 1% of AI companies will eventually stand out and become huge. "A bubble is kind of inevitable when you pass the stage of initial excitement," said Li, speaking at the Harvard Business Review's Future of Business conference. "It's also healthy. It will wash out

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