Please stop asking me when the AI bubble will pop
The gist
PIMCO CEO Emmanuel Roman said the AI market will have a downturn "and then things are going to break."
Wall Street is split on AI risk even as AI-related bond sales keep drawing buyers.
How it unfolded
- Oct 28, 2026"Big Short" investor Steve Eisman warned that if OpenAI went bankrupt tomorrow the U.S. economy would go into recession, while saying AI risks are "not the same thing" as those in the 2008 financial crisis.
- Oct 29, 2026Economist Dean Baker discussed warning signs the AI boom may be faltering, citing rising borrowing costs at AI infrastructure company CoreWeave and concerns about massive data-center investments.
- Nov 3, 2026At the Global Financial Leaders' Investment Summit in Hong Kong, PIMCO CEO Emmanuel Roman said there will be a downturn in the AI market "and then things are going to break."