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AI bubble burst may trigger 2008-like banking crisis, says Gary Marcus

Image: The Economic Times. Rights remain with the publisher.

In a recent discussion, Gary Marcus raised critical flags about OpenAI's fiscal responsibilities as the stock market faces instability. He warned that the demise of leading AI firms could trigger extensive financial repercussions. Notably, Marcus compared the current climate to WeWork's disastrous decline, suggesting that Microsoft might pick up OpenAI at a bargain.

Read the full report on The Economic Times

Story file

Section
Business
Topics
Stock market, AI & gadgets
First reported by
The Economic Times
Reporter
et bureau
Published
Saturday, 17 October 2026, 4:26 am IST
Coverage
One outlet so far

How this page works. The Headline Update lists this report from The Economic Times with a short summary and a link to the original. The original reporting and photograph belong to the publisher. Spotted an error in our summary? Tell our corrections desk.

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