Economy

Market Sentiment
Experts: AI bubble is deflating – but not bursting

Anxiety surrounding AI shook global stock markets this week, with Wall Street falling by more than 4 percent on Thursday. However, several observers consulted by *Dagens Nyheter* believe this nervousness is only temporary.

"We will see new record highs on the stock market before the year is out," says Anders Rudolfsson, an investment strategist at Ålandsbanken.

Bloomberg has spoken with a few investors who share this view. Chief strategist Ed Yardeni acknowledges the existence of an AI bubble but downplays the risk of a dramatic downturn.

"We’ve had an AI bubble, and I think the air is coming out of it. If the bubble were to burst, it would have significant negative consequences for the economy, but I don’t see that happening," he told Bloomberg. 

AI and Jobs
Researchers: AI has not yet taken away jobs

So far, the development of AI does not appear to have led to a reduction in the number of jobs in Sweden, according to several experts consulted by the news agency TT.

"In Sweden, we have yet to see any signs that the use of AI is linked to any major impact on employment or overall unemployment levels," says Magnus Lodefalk, an associate professor of economics at Örebro University.

A crucial question for the future is whether new jobs will emerge in the wake of the AI ​​rollout at the same rate that existing ones are displaced.

"Historically, these two factors have balanced out well, and it is certainly possible that this will continue to be the case moving forward," says Oskar Nordström Skans, a professor of economics at Uppsala University.