The AI boom propping up markets could trigger the next crash, central banks warn

The rapid influx of investment in AI has been driving stock markets to unprecedented heights, but central banks, including the Bank for International Settlements, caution that this boom could lead to a significant financial crash. As the hidden costs of AI implementation become more apparent in company finances and consumer costs, the risk of a market downturn looms large. This warning underscores the potential long-term repercussions of over-reliance on AI investment without considering its broader economic impacts.