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Overvaluing AI stocks may cause ‘bubble’ to burst, warns Bank of England boss

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Overvaluing AI stocks may cause ‘bubble’ to burst, warns Bank of England boss
Photo / Coverage: The Independent - BusinessCredit: Anna Wise
EXECUTIVE SUMMARY

Andrew Bailey said the financial stability risks of the technology make it an issue of importance to central banks.

Key Takeaways

  • Overvaluing AI stocks may cause ‘bubble’ to burst, warns Bank of England boss.
  • Andrew Bailey said the financial stability risks of the technology make it an issue of importance to central banks.
  • Andrew Bailey said the financial stability risks of the technology make it an issue of importance to central banks.

Andrew Bailey said the financial stability risks of the technology make it an issue of importance to central banks.

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Published originally on The Independent - Business

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