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Commentary warns AI investment frenzy could trigger financial crisis
Original: Commentary: Into the next financial crisis with AI psychosis It’s not AI to be afraid of, but the financial dealings of
A commentary by Axel Kannenberg argues that artificial intelligence itself is not what should worry markets, but rather the financial dealings of the companies providing it. He compares the current mood to the run-up to the 2008 crash, saying it feels like a sequel to The Big Short, and warns of a possible next financial crisis driven by AI speculation.
Why now: Concerns are growing that massive AI investment resembles a speculative bubble that could end in a financial crisis.
Evidence
- Commentary: Into the next financial crisis with AI psychosis It’s not AI to be afraid of, but the financial dealings of its providers. Axel Kannenberg feels like he’s in The Big Short 2. https://www. heise.de/en/opinion/Commentary… · heiseonlineenglish@social.heise.de · 1
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