Reported about 5 hours ago
Financial institutions are raising concerns about a possible investment bubble in artificial intelligence, citing rapid growth in tech stock prices and the increasing dominance of AI companies in the market. Both the Bank of England and the International Monetary Fund have issued warnings that the high valuations of these companies may be unsustainable and could lead to a significant market correction. Despite this, tech leaders remain optimistic about the long-term benefits of AI technology.
Source: YAHOO