Zoho founder Sridhar Vembu says AI boom is driving up smartphone, laptop prices; warns ‘Sticker shock’ may get worse

Zoho founder Sridhar Vembu warns about massive AI spending inflating technology supply chain costs. He believes this investment boom could mirror the late 1990s telecom bubble. Consumers may face higher prices for devices in 2026 due to this boom. Vembu notes that real technology does not prevent investment bubbles from forming. The AI credit boom will eventually meet a similar fate, he predicts.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.