Bank of England warns AI stock bubble rivals 2000 dotcom peak
Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Learn more Minimize to nav AI bubble talk is in the air, and among the chorus of voices warning of an AI-fueled market bubble (which includes OpenAI CEO Sam Altman and Amazon’s Jeff Bezos) is the Bank of England, which warned on Wednesday that global financial markets could face a sharp correction if investor sentiment turns negative on AI. The UK central bank said US stock valuations resemble those seen near the peak of the dotcom bubble on some measures, with AI-focused companies making up an unprecedented portion of market value. In its quarterly report derived from a meeting of its Financial Policy Committee that took place…
