World Economic Forum chairman highlights risks of potential bubbles in AI, cryptocurrencies, and government debt

During his recent statement, WEF Chairman Borg Brende identified cryptocurrencies, AI, and government debt as three critical bubbles that could impact future markets.

Brende highlighted that unprecedented debt levels pose risks, while AI’s productivity gains may lead to significant job losses, particularly in white-collar sectors, as evidenced by recent layoffs from companies like Amazon.

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