If the AI Bubble Bursts, New York Could Feel the Shock First
New York City has become one of the clearest financial proxies for the artificial intelligence boom, with banks, venture firms, law practices and media companies all leaning into the trade. If investor enthusiasm cools abruptly, the fallout would likely be felt less in headline tech valuations than in the cityโs broader ecosystem of dealmaking, hiring and commercial real estate. Regulators and policymakers are already signaling that the risks around AI are moving faster than the guardrails meant to contain them.
