China AI Threat: Could Crash US Stock Market in 2026?

A CEO warns that China's inexpensive, high-performing AI models could significantly impact the U.S. stock market. Ben Cera of Polsia AI states that models like GLM-5.2 offer capabilities similar to leading frontier models at a fraction of the cost. He believes this will force companies to drastically cut AI spending, potentially collapsing valuations for companies like OpenAI and Anthropic. Cera explicitly stated, "China will crash the US stock market this year," adding that the bubble is in the price of AI, not AI itself. However, Daniel Newman, CEO of Futurum Group, disagrees, dismissing the idea that U.S. enterprises will favor Chinese open-source models over companies like OpenAI. This debate highlights the potential economic shifts driven by global AI development.