The European Central Bank (ECB) warns of the danger of a possible severe market correction of the shares of technology companies, that could be overly valued.
The ECB also urges the European Union to increase its investments in AI to keep up with the United States and China.
There is a division among investors who fear a technology bubble and those who see great potential in AI to multiply profits.
The vice president of the ECB, Luis de Guindos, argues that the task of a central bank is to identify the possible weaknesses in the system.
Guindos assures that the current situation does not resemble the internet bubble crisis of the years 1999-2000.
The president of the ECB, Christine Lagarde, warns that the EU must not lose the train of AI since this would jeopardize the future of Europe.
Conclusion: The current situation with artificial intelligence requires both ambition and caution, in order to both seize growth opportunities and avoid investment bubbles.