{"id":17116,"date":"2025-11-05T22:53:15","date_gmt":"2025-11-05T17:53:15","guid":{"rendered":"https:\/\/newspulse.com.pk\/en\/?p=17116"},"modified":"2025-11-05T22:53:15","modified_gmt":"2025-11-05T17:53:15","slug":"wef-chief-warns-of-potential-ai-cr","status":"publish","type":"post","link":"https:\/\/newspulse.com.pk\/en\/2025\/11\/05\/wef-chief-warns-of-potential-ai-cr\/","title":{"rendered":"WEF Chief Warns of Potential AI, Crypto, and Debt Bubbles amid Tech Stock Declines"},"content":{"rendered":"<h4><strong>WEF Chief Warns of Potential AI, Crypto, and Debt Bubbles amid Tech Stock Declines<\/strong><\/h4>\n<p data-start=\"232\" data-end=\"491\">SAO PAULO<strong>:\u00a0 <\/strong>The head of the World Economic Forum (WEF) has warned that the global economy could face three emerging financial bubbles \u2014 in artificial intelligence, cryptocurrency, and debt \u2014 as markets reel from steep declines in technology stocks.<\/p>\n<p data-start=\"493\" data-end=\"733\">Speaking to reporters during a visit to Brazil\u2019s financial hub, S\u00e3o Paulo, <a href=\"https:\/\/www.weforum.org\/\" target=\"_blank\" rel=\"noopener\">WEF<\/a> President B\u00f8rge Brende said investors and policymakers should be vigilant as market valuations climb to record levels despite persistent economic challenges.<\/p>\n<p data-start=\"737\" data-end=\"881\">\u201cWe could possibly see bubbles moving forward \u2014 one is a crypto bubble, second an AI bubble, and the third would be a debt bubble,\u201d Brende said.<\/p>\n<p data-start=\"883\" data-end=\"1024\">He noted that government debt levels have reached their highest point since <strong data-start=\"959\" data-end=\"967\">1945<\/strong>, raising concerns about long-term fiscal sustainability.<\/p>\n<p data-start=\"1026\" data-end=\"1282\">Despite mounting worries over elevated interest rates, stubborn inflation, and global trade tensions, equity markets have continued to surge in recent months, buoyed by optimism that artificial intelligence could transform productivity and economic growth.<\/p>\n<p data-start=\"1284\" data-end=\"1465\">Brende acknowledged that AI holds enormous potential for boosting efficiency but warned of social and employment risks, particularly for white-collar workers in large urban centers.<\/p>\n<p data-start=\"1469\" data-end=\"1711\">\u201cIn a worst-case scenario, you could see a kind of \u2018Rust Belt\u2019 emerging in cities with a high concentration of back-office jobs that can easily be replaced by AI,\u201d he said, citing recent layoffs at companies such as Amazon and Nestl\u00e9.<\/p>\n<p data-start=\"1713\" data-end=\"1824\">Still, he emphasized that technological progress has historically driven productivity and prosperity over time.<\/p>\n<p data-start=\"1828\" data-end=\"2073\">\u201cWe know from history that technological change ultimately leads to higher productivity \u2014 and productivity is the only way to sustainably increase prosperity,\u201d he said. \u201cThat allows for better wages and improved living standards across society.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WEF Chief Warns of Potential AI, Crypto, and Debt Bubbles amid Tech Stock Declines SAO PAULO:\u00a0 The head of the World Economic Forum (WEF) has warned that the global economy could face three emerging financial bubbles \u2014 in artificial intelligence, cryptocurrency, and debt \u2014 as markets reel from steep declines in technology stocks. Speaking to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":17117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2300,2297,2299],"tags":[3607,3606],"class_list":["post-17116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest-news","category-world","tag-ai-crypto","tag-world-economic-forum"],"acf":[],"_links":{"self":[{"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/posts\/17116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/comments?post=17116"}],"version-history":[{"count":1,"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/posts\/17116\/revisions"}],"predecessor-version":[{"id":17118,"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/posts\/17116\/revisions\/17118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/media\/17117"}],"wp:attachment":[{"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/media?parent=17116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/categories?post=17116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newspulse.com.pk\/en\/wp-json\/wp\/v2\/tags?post=17116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}