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Finance expert Aswath Damodaran's warning on AI crash: 'When the correction comes, the pain will be more intense'

As reported by mint - markets
NYU professor Aswath Damodaran has warned that a future AI market correction could be far more damaging than the dot-com crash, as today's AI boom is being fuelled by massive debt-funded infrastructure spending
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Aswath Damodaran, an NYU professor, has issued a stark warning regarding a potential future AI market correction. He believes this downturn could surpass the severity of the dot-com crash. Damodaran attributes the current AI boom to extensive debt-funded infrastructure spending,…

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