Hochul admin warns AI bubble burst could leave NY’s coffers dry

Fuente: New York Post

New York state’s rosy mid-2026 economic picture could come crashing down if a potential AI-fueled market bubble bursts, Gov. Kathy Hochul’s Budget Director Blake Washington warned recently. Washington, in a letter to state agency heads last week, sounded the alarm that New York’s tax receipts could take a hit if this year’s bull markets give way following rapid investment into artificial intelligence.