US Treasury Secretary Bessent Dismisses AI Bubble Fears

US Treasury Secretary Bessent dismisses AI bubble fears

Bessent shrugged off the possibility of “systemic” economic risks stemming from the AI boom.

Treasury Boss Brushes Off AI Bubble Fears As Megabanks Slam Door On Rogue Bots

America’s top financial official waved away fears that the artificial intelligence boom could head for a dotcom-style crash.

Bessent Sees No Systemic Financial Threat From AI Investment Boom

Lawmakers have questioned AI infrastructure debt, while an IMF assessment warned that leverage and concentrated holdings could amplify a market correction.

Bessent dismisses systemic AI risks at private hedge fund investor…

US Treasury Secretary and former hedge fund manager Scott Bessent has dismissed concerns that the artificial intelligence investment boom poses a systemic risk to financial markets, despite growing investor unease over stretched technology valuations and debt-fuelled infrastructure spending, according to a report by the Financial Times.Speaking at a closed-door investor conference in New York organised by JPMorgan Chase and the Robin Hood Founda…

Logon Opalesque Alternative Market Briefing

Treasury secretary Scott Bessent told investors in a private meeting that he did not see a 'systemic problem ' with the AI boom, playing down concerns that the industry is in a bubble like the one that preceded the dotcom bust.... Article link