Politics · Singapore Bureau
AI investment boom needs broader distribution, says Temasek chief
Temasek's leader has called for a wider spread of the massive capital flowing into artificial intelligence, echoing concerns about potential market overheating raised by prominent investors at a major business conference.
LSN Singapore ·
Dilhan Pillay Sandrasegaran, chief executive of Singapore's state investment company Temasek, said the "phenomenal" volume of money entering the artificial intelligence sector could benefit from more dispersed allocation across different areas and regions.
Speaking at the Forbes Global CEO Conference, Sandrasegaran joined other senior business figures in expressing caution about the current trajectory of AI investment. The remarks reflect growing concerns among institutional investors about concentration risk in the sector.
Renowned American investor Ray Dalio also weighed in at the same conference, warning that conditions resembled a "classic bubble," suggesting that frothy valuations and excessive capital concentration could pose risks to market stability.
DBS chief executive Tan Su Shan was also among speakers at the conference, where discussions centred on balancing enthusiasm for artificial intelligence's potential with prudent capital deployment. The comments highlight ongoing tension between the technology sector's transformative promise and the need for measured investment discipline.