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Gary Marcus Warns AI Bubble Burst Could Spark Banking Shock

Artificial intelligence critic Gary Marcus has warned that a collapse in leading AI companies could ripple far beyond Silicon Valley and into the broader financial system, potentially echoing the kind of stress seen during the 2008 banking crisis. He argued that the market’s current enthusiasm for AI may be masking fragile economics, with OpenAI’s fiscal obligations and the role of major backer Microsoft now under sharper scrutiny.