Threat of AI share crash puts world financial stability at risk, says IMF
by Heather Stewart in Bangkok from US news | The Guardian on (#790QP)
High valuations and debt put sector in danger, while fund also warns on government borrowing and cyber-attacks
The 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".
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