Mark Cuban Warns of AI Giant Battle Echoing late 1990s Search Engine Wars, Citing Bubble and Monopoly Risks

Mark Cuban cautioned that the AI race among OpenAI, Google , Microsoft , Meta , Perplexity, and Anthropic resembles the 1990s search boom, likely ending with one major winner. He warned of overspending on AI infrastructure and possible asset obsolescence. Cuban urged startups to innovate uniquely instead of copying big tech’s costly strategies.