US Financial Columnist Warns: US Stock Market Crash Inevitable, AI Boom Artificially Propped Up!

Andrew Ross Sorkin is an American financial journalist and author. He is a financial columnist for The New York Times and a co-anchor of CNBC's financial talk show. He is also the founder and editor of DealBook, a financial news service published by The New York Times. He wrote the best-selling book "Too Big to Fail" and co-produced the adapted film for HBO.

He recently published a new book titled "1929," which details the stock market crash from nearly a century ago. He warned that he sees some similarities between today's booming market and the conditions from nearly 100 years ago.

Of course, Sorkin is not the only one concerned about this bubble bursting. Jamie Dimon, CEO of JPMorgan Chase, recently stated that he is "more worried than others" about an impending correction in the U.S. stock market—a decline of at least 10% but not more than 20%—with the likelihood of such a correction at around 30%.

Meanwhile, analysts from the independent research firm MacroStrategy Partnership recently noted that the scale of the artificial intelligence bubble is 17 times larger than the dot-com bubble and 4 times larger than the 2008 real estate bubble.

Furthermore, Sorkin is even more concerned about the Trump administration's removal of regulatory safeguards, increased reliance on debt, and the recent move to allow private equity investments in 401(k) retirement accounts. The combination of these factors heightens his worries.

"When confidence disappears, this is what happens. The answer is, we will crash; I just can't tell you when, and I can't tell you how deep. But I can assure you, unfortunately—and I wish I hadn't said this—we will eventually have a 'crash'."