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GIC warns of AI hype bubble, pandemic debt risks
GIC’s chief investment officer, Bryan Yeo, warned that early-stage AI investing may be entering a “hype bubble.”
He said high market expectations may not match technological progress, creating risks for investors.
Yeo also flagged fiscal concerns, noting that high government borrowing during the pandemic could undermine confidence in currencies.
Since becoming CIO in April 2025, Yeo has overseen GIC’s development of internal AI tools, including a chatbot to challenge investment decisions.
GIC invests in AI infrastructure, product startups, and companies adopting AI, alongside other firms like General Atlantic and Blackstone increasing AI investments.
🔗 Source: Bloomberg
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