CEO warns against investing in the ‘AI hype’

American businessman, CEO and Chairman Gary Vaynerchuk signaled that artificial intelligence (A.I.) is “one of the biggest technologies in the history of mankind” – but explained why he’s not jumping to invest in the tech space.

“I’ve seen Web1, I’ve seen Web2, I’ve seen Web3. I’m looking at A.I. startups every day as an investor. I just think there’s a million of them right now, and they’re all valued very expensive because we’re in A.I. hype,” Vaynerchuk said in an exclusive FOX Business interview on “The Claman Countdown,”