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NYU finance professor Damodaran warns an AI crash could hit harder than the dot-com bust

Via The Decoder
Saturday, Jun 20, 2026 · 12:26PM
Summary

NYU finance professor Aswath Damodaran believes a potential AI crash would be more painful than the bursting of the dot-com bubble because the industry is building massive amounts of debt-financed physical infrastructure rather than lightweight software. Even if AI succeeds, he sees a problem. The a

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