New Delhi, Dec. 6 -- The scale and speed of money pouring into artificial intelligence resemble the information boom of 2000 and may ultimately lead to a correction, said American economist James K. Galbraith, professor at the University of Texas at Austin.

"This certainly looks like a very big one (bubble). You've got a great deal of overinvestment, which will not be borne out with real returns and so ultimately, there will be a reckoning as there was in 2000 with the information boom," said Galbraith during a session at the Hindustan Times Leadership Summit 2025 in Delhi.

While governments appear determined to build momentum, he cautioned that policymakers will not be able to sustain the surge permanently. "The government is much more...