Bank of England warns AI valuations risk dot-com-style crash The Bank of England issued its starkest warning yet about artificial intelligence investments on Wednesday, cautioning that "stretched valuations" in AI-focused technology companies could trigger a "sharp market correction" reminiscent of the dot-com bubble. #Finance #technology #AI #stockmarket #Investing #Fintech https://www.perplexity.ai/...

Bank of England Warns of Impending AI Disaster
The Bank of England has sounded the alarm, warning of an intensifying risk of a "sudden correction" due to an AI spending frenzy.
https://futurism.com/artificial-intelligence/bank-of-england-impending-ai-disaster
3 days ago