Andrew Bailey warns on AI: ‘Everybody is currently priced to be a winner’

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Bank of England governor Andrew Bailey has suggested that the UK’s growth hopes hinge on productivity gains from a mass AI technology roll-out although he warned that investment levels carried “substantial risks” for market prices.

Bailey, who is also the head of the Financial Stability Board, an international body overseeing markets, echoed deputy governor Sarah https://www.cityam.com/andrew-bailey-warns-on-ai-everybody-is-currently-priced-to-be-a-winner/">[...]