Pimco CEO Says He Does Not Know When AI Bubble Will Pop
Emmanuel Roman, chief executive officer of Pacific Investment Management Co. (Pimco), spoke at the Global Financial Leaders' Investment Summit in Hong Kong, China, on Tuesday, Nov. 3, 2026. During the event, he noted that people repeatedly ask him when the AI bubble will burst. Roman replied that if he knew the answer, he would place a significant market bet, leverage up, and then retire on a beach or possibly run a cat sanctuary.
Roman also mentioned a Bloomberg story published that morning titled “Wall Street CEOs, Big Money Managers Divided Over AI Risks.” The piece is a roundup of remarks made at the 2026 summit, and it captured Roman’s attention. He used the article to illustrate the broader conversation among financial leaders about the risks and opportunities of artificial intelligence.
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