Major central banks are now openly warning that the AI hype is inflating a dangerous equity bubble. After the Bank of England’s alarm over “stretched” valuations and the risk of a sharp correction, the European Central Bank (ECB) is also warning that AI-driven stock prices could fall abruptly, with systemic consequences for global markets.
Nvidia earnings saved the market today. I wonder how long it will last before more fears. As nvidia selling gpus doesn’t really mean ai is achieving what they’re investing so much money to do.