AI Bubble 2.0? IMF Sounds the Alarm

Is the AI boom the new dot-com bubble? The IMF's chief economist draws parallels between today's AI frenzy and the late 90s internet craze, but highlights key differences: less debt, more cash. While AI is boosting US growth, it's also keeping inflation stubbornly high, delaying the Fed's 2% target. Is a correction coming, and will it trigger a financial crisis? Find out what the IMF is predicting.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.