Key Points
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Billionaire hedge fund investor Ken Griffin warned that the AI economy may be overheating, potentially leading to a massive shakeout.
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Investors can rotate from AI into crypto, focusing on safer, well-established names such as Bitcoin.
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Investors can also invest in companies and cryptocurrencies at the intersection of AI and blockchain technology.
At Citadel’s Future of Global Markets Conference in New York, billionaire hedge fund investor Ken Griffin dropped a bombshell on the audience. He noted that AI was “almost certainly” in a bubble. That’s the bad news.
The good news is that Griffin also expressed optimism about the long-term prospects of any companies that survive the bursting of the bubble. However, it’s almost impossible…
