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Hassett comments on AI bubble risk

Story timeline · 2 updates, 2 Nov to 6 Nov 2026

White House National Economic Council director Kevin Hassett said AI is a 'very well-funded ecosystem' with plenty of capital and that people should feel reassured. He now says an artificial-intelligence bubble is indeed a cause for concern.

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  1. Hassett says AI is a well-funded ecosystem

  2. Hassett says an AI bubble is a genuine concern

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.