Tag: AI

BIS Warns AI Spending Boom Could Trigger Global Financial Fallout

Key highlights: BIS remains cautious about the AI investment boom.  Pablo Hernández de Cos considers addressing the issue as a matter of urgency. The bank compares the current situation to some past financial issues.  Artificial intelligence (AI) is gaining widespread recognition, driving massive investments worldwide. But this AI investment boom could create financial vulnerabilities, exposing […]