The short version

Scott Galloway predicted on January 5, 2024: “This year the AI bubble won’t burst, but it will deflate. 2024 is the year we’ll reach peak AI valuations.” Verdict: Called it. While public market enthusiasm for AI remained strong, private AI startup valuations showed more dispersion, and total VC funding into AI stabilized or slowed, aligning with 'deflation' rather than a…

Prediction by

Scott Galloway

On January 5, 2024

“This year the AI bubble won’t burst, but it will deflate. 2024 is the year we’ll reach peak AI valuations.”

Follow-up

While public market enthusiasm for AI remained strong, private AI startup valuations showed more dispersion, and total VC funding into AI stabilized or slowed, aligning with 'deflation' rather than a bubble burst.

From the High Caliber AI network — see the AI for PR module in the course.