Societe Generale's Edwards sees AI boom as bubble, draws parallels to 1990s Asia

Albert Edwards, a prominent bearish strategist at Societe Generale, argues that the current AI-driven equity rally resembles the pre-Asian-financial-crisis boom, with economic benefits of AI being overstated. He suggests the market is pricing in unrealistic growth, potentially setting up for a correction. The claim is an opinion-based forecast, not a confirmed event, and its significance lies in its potential to influence market sentiment.