Part 4/9:

Despite the promise that AI holds, Davis brought attention to the potential for economic downturns that can accompany radical transformations. He highlighted historical precedents, referencing the dot-com bubble of the late 1990s when significant overinvestment in technology led to a market crash. While he believes that the current economic environment isn't as overextended as it was in 1999, he pointed out the risks involved with rapid investments in technology.