In a wide ranging discussion about AI risks, the economy, and markets, former SEC Chair & current MIT Professor Gary Gensler joins Bloomberg Open Interest to break down how the AI boom could trigger economic and market stress. Hear why Gary says, “It’s not a matter of if, it’s a matter of when we see a retrenchment”.
Listen as well for the discussion on Anthropic’s stark S‑1 warnings about AI safety and how AI agents may effects savers and shift bank deposits. Gary also discusses how energy prices, rising bond yields, the continuing Iran war, along with an "AI bubble" retrenchment may expose hidden risks in private equity and credit.
Watch Bloomberg’s full interview here to find out more: Gary Gensler Warns on How AI Could Trigger Bank Stress, 10:10
To hear more on Gary & Simon’s views on AI data center boom and AI safety you can also listen to their latest two podcasts: Episode 30: What Are All the Data Centers Getting Us? and Episode 31: Should We Slow AI Development? Can We?