Bank of England warns AI-bubble could burst
The Bank of England is warning there could be trouble ahead for global markets if the AI bubble bursts.
The Bank of England has warned of the risk of an AI-bubble, after it assessed some company values in the sector as "stretched". In a report out today, officials at the bank’s Financial Policy Committee drew comparisons with the pile-on for ‘dotcom’ stocks 25 years ago.
The price of gold has hit a record high of more than $4,000 an ounce as investors look for safe places to put their money over concerns about economic and political uncertainty around the world.
And the UK prime minister is leading a delegation of more than 100 entrepreneurs, business and cultural leaders and university vice-chancellors on his visit to India, as he attempts to boost UK investment.
Presenter: Sarah Rogers
Producer: Ahmed Adan
Editor: Justin Bones
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