People, including on this staff, keep asking me with varying degrees of excitement or trepidation when the AI bubble will burst. I’ll tell you what I tell them: If I knew that, I would make a life-changing bet on the market, levered up as far as I could, and then, after I made my money, go retire on a beach somewhere. Maybe run a cat sanctuary, who knows.
What I can tell you is that I read with interest a story in Bloomberg this morning: “Wall Street CEOs, Big Money Managers Divided Over AI Risks.” The story itself is a roundup of stuff said at the 2026 Global Financial Leaders’ Investment Summit in Hong Kong. Here’s what caught my attentio …
Read the full story at The Verge.
