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Bailey warns AI may not ‘live up’ to market hype
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Bailey warns AI may not ‘live up’ to market hype
Bank of England governor Andrew Bailey has warned that AI “may not live up to market expectations” and deliver returns fast enough to investors, risking a sharp fall in valuations. Bailey said in a speech in Zurich that it may take longer for investors to reap the benefits of heavy AI investment than it is [...]
9 Nov, 18:19
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