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๐Ÿ“ˆ Business

BIS warns AI frenzy could trigger stock-market crash and jeopardise the economy

The Bank for International Settlements (BIS) has warned in its annual report that rich valuations in AI stocks, investor complacency and circular financing structures risk triggering a stock market slump with knock-on effects in credit markets. The central bank of central banks says these vulnerabilities could jeopardise the broader economy. The BIS highlighted investor overexposure to a narrow set of technology companies as a key concern.

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