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BIS cautions AI downturn could impact credit markets like 2008 crisis

BIS cautions AI downturn could impact credit markets like 2008 crisis

Home/News/BIS cautions AI downturn could impact credit markets like 2008 crisis

The Bank for International Settlements warned on Sunday that an AI investment bust could hit credit markets with disruption comparable to the 2008 financial crisis. In its annual report, the Basel-based institution listed AI-led risks alongside inflation and fiscal stress as “pressure points” that “

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