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World

Threat of AI share crash puts world financial stability at risk, says IMF

Threat of AI share crash puts world financial stability at risk, says IMF

Feed excerpt — reported by The Guardian

High valuations and debt put sector in danger, while fund also warns on government borrowing and cyber-attacksThe threat of an AI share price crash rippling out across global markets is putting world financial stability at risk, the International Monetary fund has warned.In its twice-yearly Global Financial Stability Report, the IMF highlighted the sky-high valuations for AI companies along with their increasing debt pile as one reason that risks in the system are “elevated”. Continue reading…

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Original Source

This article was syndicated from The Guardian. All rights remain with the original publisher.