On October 20, Zhou Xiaochuan, the former governor of the People's Bank of China, emphasized at the 2026 Bund Annual Conference's roundtable discussion on "AI and Productivity Transformation: Macroeconomic Impacts of Technological Leaps" that the progression of artificial intelligence (AI) technology will inevitably yield a mix of successful and unsuccessful investment outcomes. With significant capital pouring into AI and its associated infrastructure sectors, the failure of certain investments could potentially spark financial instability or even a crisis. This, in turn, might necessitate extensive economic support measures and bailouts for specific financial institutions. Therefore, it is imperative to conduct thorough research beforehand, formulate contingency plans, and ensure that appropriate policy tools are readily available in the policy toolkit to effectively manage and mitigate any potential turmoil and its broader impacts.