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41 UK's Central Bank Warns of Growing Risk That AI Bubble Could Burst

Slashdot
msmash @ Slashdot 3 place · today 10:00 EDT

UK's Central Bank Warns of Growing Risk That AI Bubble Could Burst

The Bank of England has warned there is a growing risk of a "sudden correction" in global markets as it raised concerns about soaring valuations of leading AI tech companies. From a report: Policymakers said there were also threats of a "sharp repricing of US dollar assets" if the Federal Reserve lost credibility in the eyes of global investors. It comes as Donald Trump's continues to attack the US central bank and threaten its independence.

Continued hype and optimism about the potential for AI technolog

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