Gita Gopinath says she personally thinks there will be an AI valuation correction, with roughly $1T projected to be spent globally on AI infrastructure in 2026. The former IMF chief economist argues r

What happened: Former IMF chief economist Gita Gopinath said she expects a correction in the global AI investment boom, though she said it is impossible to tell when it will happen. Key numbers: Nearly $1 trillion is projected to be spent globally on AI infrastructure and development in 2026 alone. Why it matters: She said returns may not justify the scale of investment, and warned a significant correction in AI valuations could drop US growth to zero or negative territory.

Former IMF chief economist Gita Gopinath said she expects a correction in the global AI investment boom, though she said it is impossible to tell when it will happen.

She said returns may not justify the scale of investment, and warned a significant correction in AI valuations could drop US growth to zero or negative territory.