Why the Bank of England Is Terrified of AI Right Now #aibubble #financialstability #warning

The Bank of England has just raised a serious warning: could we be heading for a major AI market correction? In its latest Financial Stability Report, the Bank of England warns that global financial risks have increased and that skyrocketing valuations in the artificial intelligence sector may now be “materially stretched.” With trillions of dollars expected to be poured into AI infrastructure over the next five years, much of it financed by debt, the question is no longer if a correction is possible but how severe it could be. #bankofengland #aibubble #financialstability #careerchroniclesuk