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World Economic Forum head warns AI and crypto investments may cause bubbles, urging global cooperation amid rising tensions.
World Economic Forum President Børge Brende warned that massive investments in AI and cryptocurrencies could create economic bubbles, citing $500 billion in AI spending this year as a sign of rapid growth.
While highlighting potential productivity gains of up to 10% from frontier technologies like AI, synthetic biology, and quantum computing, he stressed the need for equitable benefits, multilateral cooperation, and stable global frameworks amid rising U.S.-China tensions and geopolitical uncertainty.
He cautioned that trade policy instability and the shift toward "friendshoring" and regional alliances may lead to less efficient but more politically driven economic arrangements in a multipolar world.
El jefe del Foro Económico Mundial advierte que la IA y las criptoinversiones pueden causar burbujas, instando a la cooperación global en medio de las crecientes tensiones.