BRUSSELS —Global finance could find itself in a bubble of artificial intelligence overvaluation akin to the dotcom boom and the 2008 financial crisis, a top official from global risk body the Financial Stability Board told POLITICO in an interview.
John Schindler, secretary-general of the FSB, is the latest top official to add his voice to concerns over a possible AI bubble, amid feverish investment in and record-high valuations for tech-related companies.
“One of the things that the financial system always faces is asset valuations and are they appropriate?” Schindler said, speaking from his office in Basel.
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politico.eu — original article
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