AI Euphoria Could Be Biggest Bubble Yet, Tech Veteran Selby Says

According to the article, Jack Selby, the founder and managing partner of AZ-VC, has expressed concerns about the current euphoria surrounding artificial intelligence (AI) in the private technology investment sector. Selby believes that this enthusiasm may have led to the creation of the biggest bubble yet in the industry. The article suggests that Selby is warning of an impending correction in startup valuations, indicating that the current overvaluation of AI-related companies could be unsustainable. This statement reflects Selby's view that the AI hype has led to excessive investment and potentially inflated valuations in the private tech market. The article does not provide further details or analysis on Selby's specific concerns or the potential impact of a correction in the AI startup landscape. However, it highlights the perspective of an experienced tech veteran who is cautioning against the risks associated with the current AI investment frenzy.