{"id":294232,"date":"2025-08-21T15:15:04","date_gmt":"2025-08-21T13:15:04","guid":{"rendered":"https:\/\/legrandcontinent.eu\/fr\/?p=294232"},"modified":"2025-08-21T15:26:52","modified_gmt":"2025-08-21T13:26:52","slug":"il-y-a-t-il-une-bulle-de-lia","status":"publish","type":"post","link":"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/","title":{"rendered":"Y a-t-il une bulle de l&rsquo;IA&#160;?"},"content":{"rendered":"\n<p>La publication lundi 18 ao\u00fbt d\u2019un rapport par le projet NANDA du MIT a contribu\u00e9 au retrait de plusieurs centaines de milliards de dollars d\u2019investissement dans les actions des principales entreprises technologiques am\u00e9ricaines&#160;: Nvidia, Meta, Microsoft, Apple, Palantir\u2026 Mardi 19, <a href=\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/01\/quest-ce-que-palantir-le-nouveau-geant-de-la-surveillance-americain\/\">l\u2019entreprise fond\u00e9e par Peter Thiel<\/a> avait perdu pr\u00e8s de 10&#160;% de sa valeur, tandis que le fabricant de cartes graphiques, Nvidia, a chut\u00e9 de 3,5&#160;%.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Dans ce rapport, le MIT pr\u00e9sentait un constat gla\u00e7ant pour les investisseurs&#160;: \u00ab&#160;Malgr\u00e9 30 \u00e0 40 milliards de dollars d&rsquo;investissements dans l&rsquo;IA g\u00e9n\u00e9rative, 95&#160;% des organisations n&rsquo;obtiennent aucun retour sur investissement [&#8230;] Seuls 5&#160;% des projets pilotes d&rsquo;IA int\u00e9gr\u00e9e g\u00e9n\u00e8rent des millions de dollars de valeur, tandis que la grande majorit\u00e9 reste bloqu\u00e9e sans impact mesurable sur le r\u00e9sultat net&#160;\u00bb&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-1-294232' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#easy-footnote-bottom-1-294232' title='Aditya Challapally, Chris Pease, Ramesh Raskar et Pradyumna Chari, &lt;a href=&quot;https:\/\/mlq.ai\/media\/quarterly_decks\/v0.1_State_of_AI_in_Business_2025_Report.pdf&quot;&gt;The GenAI Divide STATE OF AI IN BUSINESS 2025&lt;\/a&gt;, MIT, ao\u00fbt 2025.'><sup>1<\/sup><\/a><\/span><\/span>.<\/li>\n\n\n\n<li>S\u2019il est cit\u00e9 par des sources financi\u00e8res am\u00e9ricaines, le document n\u2019est pas le seul facteur \u00e0 l\u2019origine de cette chute&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-2-294232' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#easy-footnote-bottom-2-294232' title='\u00a0George Steer et Aiden Reiter, \u00ab&amp;#160;&lt;a href=&quot;https:\/\/www.ft.com\/content\/33914f25-093c-4069-bb16-8626cfc15a51&quot;&gt;US tech stocks hit by concerns over future of AI boom&lt;\/a&gt;&amp;#160;\u00bb, &lt;em&gt;Financial Times&lt;\/em&gt;, 19 ao\u00fbt 2025.'><sup>2<\/sup><\/a><\/span><\/span>.<\/li>\n\n\n\n<li>Quelques jours plus t\u00f4t, le PDG d\u2019OpenAI, <a href=\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/13\/ia-le-pari-de-sam-altman-est-il-voue-a-lechec\/\">Sam Altman<\/a>, d\u00e9clarait lors d\u2019un entretien \u00e0 propos du <a href=\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/12\/gpt-5-du-marketing-rate-dopenai-aux-performances-lessentiel-est-ailleurs\/\">lancement rat\u00e9 de GPT-5<\/a>&#160;: \u00ab&#160;Les gens se sont laiss\u00e9s emporter par l&rsquo;enthousiasme. Sommes-nous dans une phase o\u00f9 les investisseurs dans l\u2019ensemble sont trop enthousiastes \u00e0 propos de l&rsquo;IA&#160;? Je pense que oui&#160;\u00bb&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-3-294232' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#easy-footnote-bottom-3-294232' title='Alex Heath, \u00ab&amp;#160;&lt;a href=&quot;https:\/\/www.theverge.com\/command-line-newsletter\/759897\/sam-altman-chatgpt-openai-social-media-google-chrome-interview&quot;&gt;I talked to Sam Altman about the GPT-5 launch fiasco&lt;\/a&gt;&amp;#160;\u00bb, &lt;em&gt;The Verge&lt;\/em&gt;, 15 ao\u00fbt 2025.'><sup>3<\/sup><\/a><\/span><\/span>.<\/li>\n<\/ul>\n\n\n\n<div class=\"iframe-container wp-block-image wp-block-image-medium  iframe-dw\">\n\t<div>\n\t\t<iframe class=\"absolute w-full h-full pin-t pin-l\" title=\"titolo\" aria-label=\"Interactive line chart\" src=\"\/\/datawrapper.dwcdn.net\/iVhKh\" scrolling=\"no\" frameborder=\"0\" ><\/iframe>\n\t<\/div>\n<\/div>\n\n\n\n<p>Ces derniers mois, l\u2019explosion des actions des <em>leaders <\/em>de l\u2019intelligence artificielle comme Nvidia \u2014 la premi\u00e8re entreprise \u00e0 atteindre une capitalisation de 4 000 milliards de dollars \u2014 ou Palantir \u2014 dont la capitalisation a \u00e9t\u00e9 multipli\u00e9e par deux depuis janvier \u2014 a conduit plusieurs banques et soci\u00e9t\u00e9s de gestion d\u2019actifs \u00e0 avertir leurs clients quant \u00e0 la formation d\u2019une potentielle \u00ab&#160;bulle&#160;\u00bb. Le 17 ao\u00fbt, l\u2019\u00e9conomiste en chef d\u2019Apollo Global Management, Torsten Sl\u00f8k, soulignait que la trajectoire actuelle du S&amp;P 500 \u00e9tait similaire \u00e0 celle observ\u00e9e dans les ann\u00e9es 1990&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-4-294232' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#easy-footnote-bottom-4-294232' title='Torsten Sl\u00f8k, &lt;a href=&quot;https:\/\/www.apolloacademy.com\/tech-is-vulnerable\/&quot;&gt;Tech Is Vulnerable&lt;\/a&gt;, Apollo Global Management, 17 ao\u00fbt 2025.'><sup>4<\/sup><\/a><\/span><\/span>.<\/p>\n\n\n\n<p>Selon plusieurs analystes, la sur\u00e9valuation des entreprises technologiques investissant massivement dans l\u2019IA pourrait conduire \u00e0 une explosion d\u2019une bulle sp\u00e9culative similaire au choc ayant secou\u00e9 les march\u00e9s boursiers suite \u00e0 l\u2019\u00e9clatement de la bulle Internet.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Au-del\u00e0 des g\u00e9ants du secteur, l\u2019\u00e9conomie am\u00e9ricaine dans son ensemble \u2014 et, donc, par extension l\u2019\u00e9conomie mondiale \u2014 est tir\u00e9e vers le haut par l\u2019IA&#160;: selon le cabinet d&rsquo;\u00e9tudes Tracxn, les \u00c9tats-Unis comptent 7 000 entreprises sp\u00e9cialis\u00e9es dans l\u2019intelligence artificielle, dont 1 000 ont b\u00e9n\u00e9fici\u00e9 d\u2019un financement de s\u00e9rie A&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-5-294232' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#easy-footnote-bottom-5-294232' title='\u00ab&amp;#160;&lt;a href=&quot;https:\/\/www.economist.com\/finance-and-economics\/2025\/08\/18\/how-americas-ai-boom-is-squeezing-the-rest-of-the-economy&quot;&gt;How America\u2019s AI boom is squeezing the rest of the economy&lt;\/a&gt;&amp;#160;\u00bb, &lt;em&gt;The Economist&lt;\/em&gt;, 18 ao\u00fbt 2025.'><sup>5<\/sup><\/a><\/span><\/span>.<\/li>\n\n\n\n<li>Tous ces investissements se font au d\u00e9triment d\u2019entreprises et start-ups sp\u00e9cialis\u00e9es dans d\u2019autres domaines&#160;: PitchBook estime que les entreprises de l\u2019IA ont re\u00e7u 65&#160;% du capital vers\u00e9 par les investisseurs au cours du premier semestre de l\u2019ann\u00e9e&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-6-294232' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#easy-footnote-bottom-6-294232' title='&lt;a href=&quot;https:\/\/files.pitchbook.com\/website\/files\/pdf\/Q2_2025_US_VC_Valuations_and_Returns_Report.pdf&quot;&gt;US VC Valuations and Returns Report&lt;\/a&gt;, PitchBook, 11 ao\u00fbt 2025.'><sup>6<\/sup><\/a><\/span><\/span>.<\/li>\n\n\n\n<li>Derri\u00e8re les capitalisations boursi\u00e8res et divers financements se trouvent \u00e9galement des centaines de milliards de dollars d\u00e9di\u00e9s \u00e0 la construction d\u2019infrastructures physiques permettant le d\u00e9veloppement de l\u2019IA&#160;: centres de donn\u00e9es, production et transmission d\u2019\u00e9lectricit\u00e9, semi-conducteurs, Cloud.<\/li>\n<\/ul>\n\n\n\n<div class=\"iframe-container wp-block-image wp-block-image-medium  iframe-dw\">\n\t<div>\n\t\t<iframe class=\"absolute w-full h-full pin-t pin-l\" title=\"titolo\" aria-label=\"Interactive line chart\" src=\"\/\/datawrapper.dwcdn.net\/Hav6n\" scrolling=\"no\" frameborder=\"0\" ><\/iframe>\n\t<\/div>\n<\/div>\n\n\n\n<p>En-dehors de quelques signaux faibles susceptibles d\u2019indiquer <a href=\"https:\/\/legrandcontinent.eu\/fr\/2025\/06\/08\/lia-a-t-elle-deja-commence-a-remplacer-les-travailleurs\/\">un remplacement de certains emplois par des algorithmes d\u2019intelligence artificielle<\/a>, il est impossible de mesurer \u00e0 ce stade l\u2019impact r\u00e9el de l\u2019IA sur l\u2019\u00e9conomie. Les gains suppos\u00e9s de productivit\u00e9 restent quant \u00e0 eux \u00e0 prouver&#160;: le d\u00e9veloppement de l\u2019informatique et l\u2019essor d\u2019Internet n\u2019ont pas conduit \u00e0 une hausse de la productivit\u00e9 \u2014 qui a ralenti depuis les ann\u00e9es 1990 dans les pays de l\u2019OCDE, passant d\u2019une croissance d\u2019environ 2&#160;% par an \u00e0 0,8&#160;% au cours de la derni\u00e8re d\u00e9cennie&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-7-294232' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#easy-footnote-bottom-7-294232' title='Christophe Andr\u00e9 et Peter Gal, &lt;a href=&quot;https:\/\/www.oecd.org\/content\/dam\/oecd\/en\/publications\/reports\/2024\/10\/reviving-productivity-growth_936a1da3\/61244acd-en.pdf?utm_source=chatgpt.com&quot;&gt;Reviving productivity growth&amp;#160;: A review of policies&lt;\/a&gt;, OECD Economics Department Working Papers No. 1822, octobre 2024.'><sup>7<\/sup><\/a><\/span><\/span>.<\/p>\n\n\n\n<p>S\u2019il est impossible de savoir si l\u2019IA constitue une bulle sp\u00e9culative, on peut supposer que les cons\u00e9quences seraient plus importantes encore que l\u2019\u00e9clatement de la bulle internet au d\u00e9but du si\u00e8cle.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pour cause&#160;: les 10 premi\u00e8res entreprises du S&amp;P 500 sont encore plus sur\u00e9valu\u00e9es aujourd\u2019hui qu\u2019au cours des ann\u00e9es 1990.<\/li>\n\n\n\n<li>Dans un papier publi\u00e9 en juin, l\u2019\u00e9conomiste de Georgetown Dan Cao a d\u00e9velopp\u00e9 un mod\u00e8le th\u00e9orique visant \u00e0 comparer les dynamiques des deux bulles.<\/li>\n\n\n\n<li>Cao montre que les valorisations boursi\u00e8res n\u2019ont pas chut\u00e9 parce que les investisseurs ont soudain jug\u00e9 Internet inutile, mais parce que les b\u00e9n\u00e9fices \u00e9conomiques tardaient \u00e0 se diffuser&nbsp;<span class='whitespace-nowrap'><span id='easy-footnote-8-294232' class='easy-footnote-margin-adjust'><\/span><span class='easy-footnote'><a href='https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#easy-footnote-bottom-8-294232' title='Dan Cao, \u00ab&amp;#160;&lt;a href=&quot;https:\/\/download.ssrn.com\/2025\/6\/11\/5289941.pdf?response-content-disposition=inline&amp;amp;X-Amz-Security-Token=IQoJb3JpZ2luX2VjEKP%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaCXVzLWVhc3QtMSJIMEYCIQCt7wiuAZQ99M41o8WPsRvDeyehaFdAOFcKRRD%2FytfjYgIhAIMz0cL%2BOUKUZAN9jBYpWAHDmMDEeNM%2BW2Z7Cxwa%2F%2FQnKsYFCOv%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEQBBoMMzA4NDc1MzAxMjU3IgzqSWMNAjvi64KnhzcqmgX%2FiVdClWVSjuHP4LArO%2FQxthJYtfwAGkSiz2c1osgOANvjCIuawKHWari%2B990Ksqkj%2FSSy3cn6sJ6OyclUKdcBK2pOafTZJ4rRMnUVeWR5bLzybxxIenY8zoG%2BL%2F7kwX7j9Z2FOob6KT8gxTEa5sE5NBVkCRhJ%2FrWJr%2FfBaaI%2BBN7LkMYZ6%2BB%2FCmjHEoDoaiTfDVE3kHzPXh689CLVbHUr8K1xSal4%2B27YOGMX5fo7uv%2FxaX6MqQZvyXdpEtoZIfjf4OW8ixesQ99T%2FmOzMlsYdpNoYhlXpY31ZkmmaPjI%2FycomdL75aYt0MmrkSP605YycmpIF3U0jhzRC2VMxL2xHR4T8eAD9gI%2BW5uechXIGCEtuU3lP8iJhBhpOlV3X%2ByP0oNtPlHXpw%2B6RR5jpikBge7UP0%2FyO1dobk1%2FYa1seSv7Ed%2Fm8ewRA5pYa0d5d2ouTzI9yI4bxxQgB9leWRdS1UaUGImBF%2BdmMA5a43iHKMWUYbdC3jpn2AeFxOs%2BEZY2RCw4lwZiy34Fm8AVCmulD74odhKlPNQnrpLF%2F0xjiLh9L54OJXrRxRNOZ%2BTrA7cOExkO%2BFV3gobCf225%2FqwkzfQbJ27O4hqAx7zv9KT1DE4wHXVnHDrCN6o%2FTkEPaelpHD9rL4Tf%2F2dld42SQPoqbpRrZAcxMTMBtDXn3RJ%2BfDQiMXwjXJoIEyeh10u4Mv11DmInZaYqP9JbTRd56MDbVEwkuPZhrW%2BWXZZBA61uhJlG3HpZrlfwMy2CdWaE3hn8HikwvBDt8P9OA7NKUSGbOpkl9C9Of6p%2BpGIusDj1q9xpfqXNSITHRwQ4MfcUPUZIArdQDwzglySYqYpP3gVGzGAD9Qx%2FXHPQX%2F134CRqIXrMdJxvFoD68EswvOKbxQY6sAFhl21yxJQIR4t1yNPfyfB0DNoXchXTEMeA1dY0poLUANWuIMGtnq1B7aUusLxD8pL0F0YJHFjtMnvfPCtoWp22A2C%2By8vcfZdDkNvzOvh5dK9fUjTZGK8Zy%2FmABO0zGFjP1LERTXZV642xk5xIsng4%2BjYut90O%2Fgz8gq0Yua5iDGiA6Vv4j0pwtTtft6DqhEExZpeTobFydSjwH7W%2B5gP4kW7U42cPmb39d7iwXF0Ubg%3D%3D&amp;amp;X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;amp;X-Amz-Date=20250821T105737Z&amp;amp;X-Amz-SignedHeaders=host&amp;amp;X-Amz-Expires=300&amp;amp;X-Amz-Credential=ASIAUPUUPRWE7ARYWKLI%2F20250821%2Fus-east-1%2Fs3%2Faws4_request&amp;amp;X-Amz-Signature=c86a4eeeaaa16a0e077c1ec8d5c0f95a4da5bd0de1e828d1e49446b110b78afa&amp;amp;abstractId=5289941&quot;&gt;Tech Booms&amp;#160;: From Dot-Com To Dot-AI&lt;\/a&gt;&amp;#160;\u00bb, &lt;em&gt;SSRN&lt;\/em&gt;, juin 2025.'><sup>8<\/sup><\/a><\/span><\/span>.<\/li>\n\n\n\n<li>Plut\u00f4t que les progr\u00e8s technologiques de l\u2019IA, c\u2019est la vitesse de propagation \u2014 la rapidit\u00e9 avec laquelle les gains de productivit\u00e9 se sont r\u00e9percut\u00e9s sur le reste de l&rsquo;\u00e9conomie \u2014 qui serait susceptible de conduire \u00e0 un d\u00e9sint\u00e9r\u00eat des investisseurs, et, potentiellement, \u00e0 un \u00e9clatement de la \u00ab&#160;bulle&#160;\u00bb.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Aux \u00c9tats-Unis, plus des deux tiers du capital investi au premier semestre ont \u00e9t\u00e9 dirig\u00e9s vers des start-ups et entreprises sp\u00e9cialis\u00e9es dans l\u2019intelligence artificielle.<\/p>\n<p>La sur\u00e9valuation des entreprises technologiques investissant massivement dans l\u2019IA pourrait conduire \u00e0 une explosion d\u2019une bulle sp\u00e9culative similaire au choc ayant secou\u00e9 les march\u00e9s boursiers suite \u00e0 l\u2019\u00e9clatement de la bulle Internet en 2000.<\/p>\n","protected":false},"author":2622,"featured_media":294236,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"templates\/post-briefings.php","format":"standard","meta":{"_acf_changed":false,"_trash_the_other_posts":false,"footnotes":""},"categories":[1729],"tags":[],"geo":[2163],"class_list":["post-294232","post","type-post","status-publish","format-standard","hentry","category-numerique","geo-monde"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Il y a-t-il une bulle de l&#039;IA ?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Il y a-t-il une bulle de l&#039;IA ?\" \/>\n<meta property=\"og:description\" content=\"Aux \u00c9tats-Unis, plus des deux tiers du capital investi au premier semestre ont \u00e9t\u00e9 dirig\u00e9s vers des start-ups et entreprises sp\u00e9cialis\u00e9es dans l\u2019intelligence artificielle.  La sur\u00e9valuation des entreprises technologiques investissant massivement dans l\u2019IA pourrait conduire \u00e0 une explosion d\u2019une bulle sp\u00e9culative similaire au choc ayant secou\u00e9 les march\u00e9s boursiers suite \u00e0 l\u2019\u00e9clatement de la bulle Internet en 2000.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/\" \/>\n<meta property=\"og:site_name\" content=\"Le Grand Continent\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-21T13:15:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-21T13:26:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/legrandcontinent.eu\/fr\/wp-content\/uploads\/sites\/2\/2025\/08\/gc-share-IA-bubble.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1888\" \/>\n\t<meta property=\"og:image:height\" content=\"1058\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Marin Saillofest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/legrandcontinent.eu\/fr\/wp-content\/uploads\/sites\/2\/2025\/08\/gc-share-IA-bubble.png\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marin Saillofest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/\",\"url\":\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/\",\"name\":\"Il y a-t-il une bulle de l'IA ?\",\"isPartOf\":{\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/legrandcontinent.eu\/fr\/wp-content\/uploads\/sites\/2\/2025\/08\/gc-IA-bubble.png\",\"datePublished\":\"2025-08-21T13:15:04+00:00\",\"dateModified\":\"2025-08-21T13:26:52+00:00\",\"author\":{\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/#\/schema\/person\/e4f85f52220fc7b4cc3cfdb86d88e833\"},\"breadcrumb\":{\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#primaryimage\",\"url\":\"https:\/\/legrandcontinent.eu\/fr\/wp-content\/uploads\/sites\/2\/2025\/08\/gc-IA-bubble.png\",\"contentUrl\":\"https:\/\/legrandcontinent.eu\/fr\/wp-content\/uploads\/sites\/2\/2025\/08\/gc-IA-bubble.png\",\"width\":1890,\"height\":1054},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\/\/legrandcontinent.eu\/fr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Y a-t-il une bulle de l&rsquo;IA&#160;?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/#website\",\"url\":\"https:\/\/legrandcontinent.eu\/fr\/\",\"name\":\"Le Grand Continent\",\"description\":\"L&#039;\u00e9chelle pertinente\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/legrandcontinent.eu\/fr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/#\/schema\/person\/e4f85f52220fc7b4cc3cfdb86d88e833\",\"name\":\"Marin Saillofest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/legrandcontinent.eu\/fr\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/87088698b4d967390c49ae6d4f1aa459?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/87088698b4d967390c49ae6d4f1aa459?s=96&d=mm&r=g\",\"caption\":\"Marin Saillofest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Il y a-t-il une bulle de l'IA ?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/","og_locale":"fr_FR","og_type":"article","og_title":"Il y a-t-il une bulle de l'IA ?","og_description":"Aux \u00c9tats-Unis, plus des deux tiers du capital investi au premier semestre ont \u00e9t\u00e9 dirig\u00e9s vers des start-ups et entreprises sp\u00e9cialis\u00e9es dans l\u2019intelligence artificielle.  La sur\u00e9valuation des entreprises technologiques investissant massivement dans l\u2019IA pourrait conduire \u00e0 une explosion d\u2019une bulle sp\u00e9culative similaire au choc ayant secou\u00e9 les march\u00e9s boursiers suite \u00e0 l\u2019\u00e9clatement de la bulle Internet en 2000.","og_url":"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/","og_site_name":"Le Grand Continent","article_published_time":"2025-08-21T13:15:04+00:00","article_modified_time":"2025-08-21T13:26:52+00:00","og_image":[{"width":1888,"height":1058,"url":"https:\/\/legrandcontinent.eu\/fr\/wp-content\/uploads\/sites\/2\/2025\/08\/gc-share-IA-bubble.png","type":"image\/png"}],"author":"Marin Saillofest","twitter_card":"summary_large_image","twitter_image":"https:\/\/legrandcontinent.eu\/fr\/wp-content\/uploads\/sites\/2\/2025\/08\/gc-share-IA-bubble.png","twitter_misc":{"\u00c9crit par":"Marin Saillofest","Dur\u00e9e de lecture estim\u00e9e":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/","url":"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/","name":"Il y a-t-il une bulle de l'IA ?","isPartOf":{"@id":"https:\/\/legrandcontinent.eu\/fr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#primaryimage"},"image":{"@id":"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#primaryimage"},"thumbnailUrl":"https:\/\/legrandcontinent.eu\/fr\/wp-content\/uploads\/sites\/2\/2025\/08\/gc-IA-bubble.png","datePublished":"2025-08-21T13:15:04+00:00","dateModified":"2025-08-21T13:26:52+00:00","author":{"@id":"https:\/\/legrandcontinent.eu\/fr\/#\/schema\/person\/e4f85f52220fc7b4cc3cfdb86d88e833"},"breadcrumb":{"@id":"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/"]}]},{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#primaryimage","url":"https:\/\/legrandcontinent.eu\/fr\/wp-content\/uploads\/sites\/2\/2025\/08\/gc-IA-bubble.png","contentUrl":"https:\/\/legrandcontinent.eu\/fr\/wp-content\/uploads\/sites\/2\/2025\/08\/gc-IA-bubble.png","width":1890,"height":1054},{"@type":"BreadcrumbList","@id":"https:\/\/legrandcontinent.eu\/fr\/2025\/08\/21\/il-y-a-t-il-une-bulle-de-lia\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/legrandcontinent.eu\/fr\/"},{"@type":"ListItem","position":2,"name":"Y a-t-il une bulle de l&rsquo;IA&#160;?"}]},{"@type":"WebSite","@id":"https:\/\/legrandcontinent.eu\/fr\/#website","url":"https:\/\/legrandcontinent.eu\/fr\/","name":"Le Grand Continent","description":"L&#039;\u00e9chelle pertinente","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/legrandcontinent.eu\/fr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-FR"},{"@type":"Person","@id":"https:\/\/legrandcontinent.eu\/fr\/#\/schema\/person\/e4f85f52220fc7b4cc3cfdb86d88e833","name":"Marin Saillofest","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/legrandcontinent.eu\/fr\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/87088698b4d967390c49ae6d4f1aa459?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/87088698b4d967390c49ae6d4f1aa459?s=96&d=mm&r=g","caption":"Marin Saillofest"}}]}},"_links":{"self":[{"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/posts\/294232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/users\/2622"}],"replies":[{"embeddable":true,"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/comments?post=294232"}],"version-history":[{"count":7,"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/posts\/294232\/revisions"}],"predecessor-version":[{"id":294242,"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/posts\/294232\/revisions\/294242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/media\/294236"}],"wp:attachment":[{"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/media?parent=294232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/categories?post=294232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/tags?post=294232"},{"taxonomy":"geo","embeddable":true,"href":"https:\/\/legrandcontinent.eu\/fr\/wp-json\/wp\/v2\/geo?post=294232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}