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PC Gamer
PC Gamer
Rich Stanton

World's top banker says the AI bubble will burst, and shedloads of money 'will probably be lost'

Ryan Gosling in Blade Runner: 2049, his face cut up and with a bandage over his nose, bathed in purple light with the blackground a blurry blue.

Jamie Dimon, the head of JP Morgan and widely regarded as the world's top banker, has given a wide-ranging interview to the BBC. Metal Gear fans rejoice: The full thing can be found in the Big Boss Interview (yes, that's really what they call it), and one of the topics Dimon is pressed on is AI and the enormous investment and cross-holdings (for example, Microsoft's investment in OpenAI) across this nascent field.

Dimon firstly says he's "far more worried than others" about a serious market correction, also known as a crash, which "could be six months, could be two years" away. He broadly reckons that the US stock markets are overheated, and says "the level of uncertainty in most peoples' minds should be higher."

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