Stiglitz Warns: AI Bubble Poised to Burst, India Must Be Cautious

At the HT Leadership Summit 2026, economist Joseph E. Stiglitz sounded a warning about the potential dangers of the current AI boom. He expressed his belief that the rapid advancements in artificial intelligence are creating an unsustainable bubble, which is likely to burst in the future. Stiglitz urged India to exercise caution and not become overly reliant on AI technology, emphasizing the need for a balanced approach that considers both the potential benefits and risks.