Tech investor Bill Gurley predicts a 'reset' for the AI boom: 'I just think we trip and run out of money'

Bill Gurley, the Silicon Valley venture capitalist and a general partner Benchmark Capital, says AI can serve as "jet fuel" to a career. Stephen Olker/Getty Images for SXSW The AI boom will see a "reset" that grounds valuations and spending, Bill Gurley says. When SaaS stocks fall to compelling levels, investors should "start gobbling them up," he said. Gurley said AI startups look extremely risky given how quickly they're burning through cash. AI companies will get a reality check that sla...