Blackstone Group CEO rebuts AI bubble theory, stating demand is growing in a 'parabolic' manner

Blackstone Group CEO Greg Smith refutes Ken Griffin's claim that AI is a bubble, stating that AI demand is almost parabolic. He believes the AI field is building capacity while keeping up with demand, unlike the 1990s telecom bubble. Smith also mentions that Blackstone and Anthropic's AI consulting firm Ode is simply unable to keep up with customer demand.