Silicon Valley Leader Who Navigated the Internet’s Boom and Bust Sees Another Wild Ride With AI

Signage with logo at the Silicon Valley headquarters of networking company Cisco, San Jose, California, August 17, 2017. (Photo via Smith Collection/Gado/Getty Images)

SAN FRANCISCO (AP) — Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world’s most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI’s promise and perils during an interview with The Associated Press.

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