Financial Crash Expert: The unthinkable is about to happen to the daily wage workers

4/27/202617 min

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AI bubble is bursting?

While the world is distracted by the hype around artificial intelligence, a far more dangerous reality is brewing in the bond markets. In this video, Professor Steve Keen warns that AI won't be the savior of the global economy in fact, the bursting of the ai bubble might just be the trigger for a sovereign debt crisis.

We are witnessing the inevitable collapse of a neoliberal economic model built on debt, deregulation, and financial illusion. While millions of Americans are forced to work past 65 and the U.S. struggles to sell its debt in 2026, the tech sector's promise of infinite productivity is colliding with the hard math of a credit crunch.

Keen dismantles the myth that markets (or AI) self-correct, revealing how ignored credit cycles and reckless Wall Street dominance have pushed the system to the brink. As global buyers pull back from U.S. Treasury bonds, the consequences are hitting the real economy—and no algorithm can print the productivity needed to pay the bill.

In this video, we cover:

✅ The AI Illusion: Why technology cannot fix a broken credit system

✅ The 2026 Crisis: Why the U.S. is struggling to sell its debt right now

✅ Retirement Reality: Why working past 65 is the new normal

✅ System Failure: How mainstream economics ignored the warning signs

✅ The Verdict: Will the AI crash finally break the US debt market?

Who is Dr. Steve Keen?

Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is well-known for his critical analysis and advocacy for more realistic economic approaches. His work emphasizes the importance of accounting for financial instability and incorporates elements of complex systems theory.

Curious Minds, Engineers, and Finance Professionals will appreciate his methodical breakdown of economic phenomena and his development of the Minsky software, which models financial crises. Dr. Keen's contributions are crucial for anyone seeking a deeper understanding of how economic systems can impact technological and financial environments. His teachings offer valuable insights into the economic forces shaping our world. By following his analysis, professionals can gain a better grasp of economic dynamics that influence their fields.

📚 Learn 50+ years of Real Economics in only 7 weeks. Apply here: https://www.stevekeen.com/Aibubbleandthejobmarketcrash

#SteveKeen #FinancialCrisis #AIBubble #EconomicCollapse #DebtCrisis #Economics

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Transcript preview

First 90 seconds

Steve Keen· Host0:00
It's hard to say exactly what that moment is, but there will come a point where no job is needed. The AI will be able to do everything.
Speaker 10:07
What if the biggest tech revolution becomes the biggest job killer? Economist Steve Keen says the AI boom is actually a bubble, and when it bursts, millions could lose their jobs overnight. Are we heading toward an economic disaster?
Speaker 2· Soundbite0:19
Internet bubble, where, in the end, some companies succeeded. There are a ton of these investments that will be dead ends.
Steve Keen· Host0:28
And what you get is massive over-investment in the first instance, because everybody who invests in AI has the ambition of being the only AI provider on the planet.
Steven Bartlett· Soundbite0:36
Because everyone's so such in a frenzy at the moment about AI, someone somewhere is putting their money in- And they're gonna lose it all ... and they're gonna lose it all. When everybody starts losing all their money very, very quickly, you see this contraction- Yeah ... where everybody realizes that their paper gains, the gains they thought they had on paper because a valuation went up, have just evaporated.
Steve Keen· Host0:53
Yeah.
Steven Bartlett· Soundbite0:53
You're famous for predicting 2008- Mm ... and the financial crash that occurred then. I've heard you saying that you think because of AI, there's gonna be another financial crash- Yeah ... around the corner within one or two years.
Steve Keen· Host1:02
Yeah. What's happening with AI is a classic economic boom and bust cycle overlaid over the fact that AI can also eliminate huge amount of employment, which we've never seen that possibility in the past on, on that scale. A, a common pattern in capitalism is that some new technology will be developed, like railways, for example. Everybody pours in creating railways. You get too many railways built. 90% of the companies that create the railways go bust, but then we

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