MSCI Chairman Warns Halting AI Data Centers Risk Global Recession
The Chosun Ilbo · Yu Jun-ho ·
MSCI Chairman Warns Halting AI Data Centers Risk Global Recession Fernandez highlights AIs trade growth role, South Koreas semiconductor position amid investment volatility
“If the construction of artificial intelligence (AI) data centers is halted for a prolonged period, the global economy could fall into a recession.”
Henry Fernandez, chairman of Morgan Stanley Capital International (MSCI), a global stock index provider, issued this warning on November 6 regarding the potential contraction of AI investments. Despite recent AI bubble controversies and U.S. moves to tighten data center regulations, which have triggered sharp declines in global stock markets, Fernandez emphasized that the long-term growth trajectory driven by AI investments remains unchanged.
Fernandez, speaking at an international conference co-hosted by the Institute for Global Economics and KB Financial Group at the Fairmont Ambassador Seoul in Yeouido, said, “AI is a technological revolution unprecedented in history, and it requires massive investment to sustain. While the medium- to long-term investment direction is clear, significant volatility will likely occur during the process.”
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