From TokenPost · · 50s
BlackRock and Deutsche Bank CEOs Prioritize Deficits Over AI Bubble
BlackRock and Deutsche Bank CEOs say government borrowing and capital competition matter more than AI bubble fears.
In brief
BlackRock and Deutsche Bank CEOs say government borrowing and capital competition matter more than AI bubble fears. BlackRock CEO Larry Fink and Deutsche Bank CEO Christian Sewing argue U.S. deficit and capital competition are more urgent than AI market risks. Originally reported by TokenPost.
BlackRock CEO Larry Fink
BlackRock CEO Larry Fink says delays in building AI data centers could threaten economic growth and add to inflation.
“delays in building ai data centers could threaten economic growth”
Deutsche Bank CEO Christian Sewing
Deutsche Bank CEO Christian Sewing sees no sharp near-term reversal in asset prices despite geopolitical tensions and French debt risks.
“sees no reason to expect a sharp near-term reversal in asset prices”
Investor Steve Chiavarone
Federated Hermes' Steve Chiavarone says AI bubble concerns may be right but years early with infrastructure investment continuing for years.
“investors concerned about an ai bubble may be right but several years early”
The essence
BlackRock CEO Larry Fink and Deutsche Bank CEO Christian Sewing argue U.S. deficit and capital competition are more urgent than AI market risks.
