World Economic Forum Chief Warns of Three Possible 'Bubbles' in Global Economy (reuters.com)
- Reference: 0179973154
- News link: https://slashdot.org/story/25/11/05/1542255/world-economic-forum-chief-warns-of-three-possible-bubbles-in-global-economy
- Source link: https://www.reuters.com/world/americas/world-economic-forum-chief-warns-three-possible-bubbles-global-economy-2025-11-05/
> The world should watch out for three possible bubbles in financial markets, including AI, the head of the World Economic Forum said on Wednesday, in comments that came amid sharp falls in global technology stocks.
>
> Brokers and analysts say the falls are a cause for caution but not panic as markets have been touching record highs and some valuations are looking overblown. "We could possibly see bubbles moving forward. One is a crypto bubble, second an AI bubble, and the third would be a debt bubble," WEF president Borge Brende told reporters during a visit to Brazil's financial hub, Sao Paolo.
[1] https://www.reuters.com/world/americas/world-economic-forum-chief-warns-three-possible-bubbles-global-economy-2025-11-05/
Bubbles are strange. (Score:2)
Crypto is always a bubble and has always been a bubble. It is either going to be a paradigm shift in how we do money, or it is going to be the next Dutch Tulip story.
There is a clear thought bubble (non-financial ) about AI. People are acting as if it is a real robot brain thinking, when it is not. It is NEVER 'intelligent'. It is always predictions without any creativity/understanding. But that is different from a financial bubble. Strip away the moronic 'AI' bullcrap and just think of it as the n
Re: (Score:2)
While I remain sceptical about AI, I did recently talk to one that was actually helpful. At least I think I did... It was so good that I half suspect it was a human pretending to be an AI.
Re: (Score:2)
I have found LLM /AI to be helpful several times. But not as helpful as checking wikipedia. Or a Youtube video. Similarly, I have upon occasion found a child to be helpful. The child is probably the best comparison, because they both are about as likely to lie when they do not like the answer.
The real problem with the LLM is not so much what it does well, but the so so many things people expect it to do well on that it sucks on. Legal filings are a prime example of it.
Three bubbles popping at once (Score:2)
Just think about all three bubbles popping at the same time, likely caused by collapsing confidence in the AI market when it's revealed that training does not equal creativity and progress has slowed to incremental steps. That's when markets fall.
Falling markets will affect crypto and the ability to pay ballooning debt. Then you enter the debt death spiral.
I was in college when the Internet bubble burst. We were all there for IT, too. Same with the 2008 sub-prime bubble. If one bubble can be that bad, imag
Guaranteed bailout requests (Score:2)
> [We'll see] bubbles moving forward. One is a crypto bubble, second an AI bubble.
And we're guaranteed to see bailout requests from both, since they'll self-proclaim themselves to be "too big to fail" (which just means "too big" has failed.
Re: What, no ... (Score:2)
correct take. also "some bubbles move forward" lol.
yet, this will achieve the typical social effect, which will be leveraged by the same folks.
Why do we even talk about what an arbitrary group of people calling themselves leaders of the world again?