Bank of England Warns of AI-Driven Market Bubble

Bank of England Governor Andrew Bailey warns of a potential AI-driven bubble in financial markets, highlighting the uncertainty in AIs future returns and stretched equity valuations for AI-focused tech companies. He emphasizes the need to balance embracing new technologies with managing potential financial risks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.