Apollo's chief economist rings the alarm bell again: the AI bubble may be more severe than the Internet bubble.

date
17/07/2025
According to financial news app Securities Times, Torsten Slk, the chief economist of Wall Street's well-known asset management company Apollo Global Management (APO.US), has issued a new warning about the market's boom driven by artificial intelligence (AI). He pointed out that the market bubble driven by AI today may be even more severe than the dot-com bubble at the end of the 1990s. Torsten Slk stated that the valuations of the top ten companies in the S&P 500 index - many of which are at the core of the AI revolution - are more extreme than the valuations during the tech frenzy peak more than 20 years ago.