Is the AI boom an AI bubble?

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.

Sponsor Message

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

→ Continue reading at NPR - Technology

More from author

Related posts

Advertisment

Latest posts

An estimated 54,600 young children are malnourished in Gaza

Tens of thousands of preschool-aged children in the Gaza Strip haven’t had nearly enough to eat, putting their young lives at grave risk. A...

As wildfires worsen, science can help communities avoid destruction

Bright flecks of burning wood stream through the smoky air and toward a hapless house. Before the one-story structure, the glowing specks, each merely...

Andrew Ross Sorkin looks at the worst market crash in U.S. history in his new book, ‘1929’ | CNN Business

Andrew Ross Sorkin looks at the worst market crash in U.S. history in his new book, "1929" Andrew Ross Sorkin, founder of The NY...