Gary Gensler Talks AI Hype, IPO Outlook | Bloomberg Talks 13:20
Or watch AI is Most Transformative Technology of our Time, Bloomberg’s short video version. 7:30
Former SEC Chair Gary Gensler says AI models and hyperscalers need to generate meaningful revenue and productivity gains to meet current market expectations. Gary also highlights that as pre-IPO investors consider selling their shares in high-priced Mega IPOs such as SpaceX, it could create downward pressure on the capital markets as well.
You can also listen to Gary & Simon discuss Mega IPOs in Episode 17: What do Mega IPOs Mean for Markets?