AI Boom Could Collapse by 2026

Renowned economist Ruchir Sharma warns of an impending AI bubble, citing overinvestment, overvaluation, over-ownership, and over-leverage as red flags. He predicts a potential collapse by 2026 due to higher interest rates, which could reduce AI investment and lower growth stock valuations. Sharma estimates that 60% of the U.S. economic growth this year is AI-driven.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.