The AI boom is helping NYC’s budget, but Comptroller Levine warns the city isn’t ready if it bursts
New York City has already benefited from the artificial intelligence boom through Wall Street profits, venture capital, private equity and tax revenue, according to Comptroller Mark Levine, who says the city now needs to prepare for a possible AI bubble burst that could weaken financial markets, displace white-collar workers and blow a multibillion-dollar hole in... Read More
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