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Pierre-Olivier Gourinchas

Chief Economist at International Monetary Fund

Forecasted that the AI investment boom could be an economic bubble comparable to the dot-com bust.

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This AI Boom Looks A Lot Like 1999
Al JazeeranewscautiousOct 15, 2025

The IMF warns that the current US AI investment boom resembles the 1999 dot-com bubble, though with lower leverage and less systemic risk to the financial system.

“Forecasted that the AI investment boom could be an economic bubble comparable to the dot-com bust.”

AI InvestmentAI InfrastructureAI Chips/HardwareAI Regulation