Ben Horowitz says AI will be bigger than the internet — and bubble fears miss what's really happening

Ben Horowitz said fears of an AI bubble miss the point because unprecedented demand makes this tech boom unlike any before.

MIKE BLAKE/Reuters

• Ben Horowitz said AI is a new computing platform, bigger than the internet, not just hype.
• He said bubble fears fixate on valuations and ignore explosive AI demand and adoption.
• Horowitz predicts AI's vast design space will create more billion-dollar winners overall.

Silicon Valley leaders have debated for months whether the AI boom is a bubble.