Is There an AI Bubble? Financial Institutions Sound a Warning
The Bank of England and IMF warn AI-driven tech stocks have reached bubble levels, raising concerns about a market correction.
The Bank of England and IMF warn AI-driven tech stocks have reached bubble levels, raising concerns about a market correction.
Innovation
September 8, 2020—Could so-called “stable coins” be the currency of the future? That’s what Andrew Bailey, governor of the Bank of England projected in a Thursday webinar on cryptocurrencies like Bitcoin. Such a shift might increase the speed of payments and lower the cost of currency, especially in
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