Fogel: Current AI Boom Will Cause Substantial Disappointment and Financial Losses
Glenn Fogel · Travel Through the Lens of AI with with Booking.com CEO Glenn Fogel · Jul 9, 2026 · at 9:41
Booking Holdings CEO Glenn Fogel compares the current AI wave to historical speculative manias like the 1990s dot-com bubble and the California gold rush.
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“So, I don't know, but I think this is not new, and there'll be a great deal of disappointment. There'll be a lot of people who are going to lose a lot of money, of course.”
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