Former SEC Chair Gary Gensler highlights looming hurdles for AI companies and risks they present for the markets and US economy. Citing the AI capital expenditure boom, concerns about AI safety, and robust competition from Chinese models, he cautions about a possible market adjustment on the horizon. With real concerns about AI risks of misalignment with humans, the AI model companies and hyperscalers still need to generate meaningful revenue gains to meet current market expectations.
Listen at Gary Gensler Talks AI Competition with China | Bloomberg Talks 13:24
Or watch There’s Existential Risk Of AI Agents ‘Not Aligning’ with Their Humans 12:50
To hear more on Gary & Simon’s views on AI data center boom and AI safety listen to their latest podcasts: Episode 30: What Are All the Data Centers Getting Us? and Episode 31: Should We Slow AI Development? Can We?