The AI Threat to Financial Stability by Brian Judge (Research Director of the Program on Finance and Democracy at the University of California, Berkeley)
https://www.project-syndicate.org/commentary/ai-bubble-threatens-financial-stability-by-brian-judge-2026-07
In episodes like the railroad boom and the dot-com bubble, creditors and shareholders were wiped out, because investment in a genuinely transformative technology outpaced any plausible near-term return. With the US financial system and asset markets having become a one-way bet on AI, such an outcome today could be catastrophic.
Balancing Innovation and Inflation in Portfolios
https://www.gspublishing.com/content/research/en/reports/2026/07/10/ce510cb7-570e-477c-932b-8b706e7188d6.pdf
BIS Report: AI and the global economy: implications for central banks
Related:
Structural shifts demand a new central banking mindset by Vivekanand Jayakumar, The Hill, July 21, 2026
https://thehill.com/opinion/finance/5979598-monetary-policy-paradigm-shifts/)
The AI bubble could be worse than the dot-com bust by Vivekanand Jayakumar, The Hill - 06/16/26
https://thehill.com/opinion/finance/5925202-tech-bubble-ai-driven-growth/
https://www.project-syndicate.org/commentary/ai-bubble-threatens-financial-stability-by-brian-judge-2026-07
In episodes like the railroad boom and the dot-com bubble, creditors and shareholders were wiped out, because investment in a genuinely transformative technology outpaced any plausible near-term return. With the US financial system and asset markets having become a one-way bet on AI, such an outcome today could be catastrophic.
Balancing Innovation and Inflation in Portfolios
https://www.gspublishing.com/content/research/en/reports/2026/07/10/ce510cb7-570e-477c-932b-8b706e7188d6.pdf
BIS Report: AI and the global economy: implications for central banks
Related:
Structural shifts demand a new central banking mindset by Vivekanand Jayakumar, The Hill, July 21, 2026
https://thehill.com/opinion/finance/5979598-monetary-policy-paradigm-shifts/)
The AI bubble could be worse than the dot-com bust by Vivekanand Jayakumar, The Hill - 06/16/26
https://thehill.com/opinion/finance/5925202-tech-bubble-ai-driven-growth/