The artificial intelligence boom is creating new threats to financial stability, warned Pablo Hernandez de Cos, head of the Bank for International Settlements. Companies are increasingly financing investments with debt. Risks also stem from high valuations and the possibility that future profits will be lower than expected.
The artificial intelligence boom is creating new threats to financial stability, warned Pablo Hernandez de Cos, head of the Bank for International Settlements. Companies are increasingly financing investments with debt. Risks also stem from high valuations and the possibility that future profits will be lower than expected.