The Zhitong Finance App learned that Chicago Federal Reserve Chairman Austin Goulsby said that the consequences of the bursting of the financial bubble “may be difficult to see,” depending on the level of leverage. He made this statement when asked what kind of shape the potential collapse of artificial intelligence (AI) transactions might take. Goulsby described a conditional scenario in Semafor's “Compound Interest” podcast: fundamentals don't support current valuations, and AI deals prove to be a bubble. He pointed out that the US has experienced bubbles before, including some recent bubbles, and the bursting process “may be difficult to see” depending on the relevant level of leverage.

The Zhitong Finance App learned that Chicago Federal Reserve Chairman Austin Goulsby said that the consequences of the bursting of the financial bubble “may be difficult to see,” depending on the level of leverage. He made this statement when asked what kind of shape the potential collapse of artificial intelligence (AI) transactions might take. Goulsby described a conditional scenario in Semafor's “Compound Interest” podcast: fundamentals don't support current valuations, and AI deals prove to be a bubble. He pointed out that the US has experienced bubbles before, including some recent bubbles, and the bursting process “may be difficult to see” depending on the relevant level of leverage.