NPR’s Ailsa Chang speaks with Jared Bernstein, a Stanford University economist who was once chief economic adviser to President Biden, on a potential artificial intelligence bubble in the U.S.
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AILSA CHANG, HOST:
So is the AI boom actually more of a bubble? Because Wall Street is increasingly afraid of that. In fact, this week, JPMorgan’s CEO Jamie Dimon said, quote, “a lot of assets” appear to be “entering bubble territory.” And Bank of America’s monthly survey finds that more than half of global fund managers now do believe that AI stocks are in a