Pimco chief warns AI financing is heading towards 'too much'
Pimco chief warns AI financing is heading towards 'too much'
Pimco chief warns AI financing is heading towards 'too much'
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- Pimco chief executive Emmanuel Roman has warned that financing for artificial intelligence could grow to about $10 trillion over the next five years, or about $2 trillion a year, close to the size of the $12 trillion US bond market.
- Speaking at a finance summit in Hong Kong, he said that scale would eventually become too much, and warned that a downturn could follow, possibly triggered by rising interest rates, Middle East tensions or a eurozone crisis.
- Pimco chief executive Emmanuel Roman has warned that financing for artificial intelligence could grow to about $10 trillion over the next five years, or about $2 trillion a year, close to the size of the $12 trillion US bond market.
- Speaking at a finance summit in Hong Kong, he said that scale would eventually become too much, and warned that a downturn could follow, possibly triggered by rising interest rates, Middle East tensions or a eurozone crisis.
- Pimco chief executive Emmanuel Roman has warned that financing for artificial intelligence could grow to about $10 trillion over the next five years, or about $2 trillion a year, close to the size of the $12 trillion US bond market.
- Speaking at a finance summit in Hong Kong, he said that scale would eventually become too much, and warned that a downturn could follow, possibly triggered by rising interest rates, Middle East tensions or a eurozone crisis.
Pimco chief executive Emmanuel Roman has warned that financing for artificial intelligence could grow to about $10 trillion over the next five years, or about $2 trillion a year, close to the size of the $12 trillion US bond market. Speaking at a finance summit in Hong Kong, he said that scale would eventually become too much, and warned that a downturn could follow, possibly triggered by rising interest rates, Middle East tensions or a eurozone crisis.
Pimco chief executive Emmanuel Roman has warned that financing for artificial intelligence could grow to about $10 trillion over the next five years, or about $2 trillion a year, close to the size of the $12 trillion US bond market. Speaking at a finance summit in Hong Kong, he said that scale would eventually become too much, and warned that a downturn could follow, possibly triggered by rising interest rates, Middle East tensions or a eurozone crisis.
Pimco chief executive Emmanuel Roman has warned that financing for artificial intelligence could grow to about $10 trillion over the next five years, or about $2 trillion a year, close to the size of the $12 trillion US bond market. Speaking at a finance summit in Hong Kong, he said that scale would eventually become too much, and warned that a downturn could follow, possibly triggered by rising interest rates, Middle East tensions or a eurozone crisis.
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