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Bank of England Governor Bailey: AI Sector Could Face Bubble Risk If Market Overestimates Its Returns
1 week ago /
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Author：小编
On Thursday, Andrew Bailey, the Governor of the Bank of England, expressed that although artificial intelligence (AI) technology is anticipated to substantially enhance productivity, the market could still witness a bubble emerging in the AI domain. After the Bank of England announced its decision to maintain unchanged interest rates, Bailey highlighted that there exists uncertainty concerning the future returns that AI will generate. However, he also acknowledged that the immense potential of AI is indisputable. He noted that, from a productivity standpoint, AI has a strong likelihood of becoming the next significant driving force, and he personally holds a high level of confidence in this prospect.
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