Executives cited by Bloomberg pushed back on near-term AI bubble fears, while pointing to public deficits and competition for capital as more immediate risks, according to a BlockBeats report.
Executives’ views on AI valuations
Deutsche Bank CEO Christian Sewing said there was no reason to fear a sharp short-term reversal in asset prices and that the market was not in a bubble that was bursting. BlackRock CEO Larry Fink called for faster data-center construction, warning that delays could threaten growth and high computing costs could add to inflation.
Fiscal pressure and capital demand
Fink and Sewing described fiscal deficits as a more urgent concern than an AI bubble, with AI companies competing with governments for investment capital. Federated Hermes chief investment officer Steve Chiavarone said investors worried about a bubble might be early by several years because infrastructure spending still had room to grow. These are attributed executive views, not a market forecast.