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...