What if AI boom busts? IMF clarifies

The International Monetary Fund warned that a potential AI crash could threaten global banks, with 22% of assets tied to 110 weak lenders. This year's stress test highlighted rising risks from an AI bubble and economic slowdown, prompting calls for regulatory reassessment. Policymakers are urged to reconsider recent deregulation amid soaring bank profits and shareholder payouts.

Read the source (Economic Times)

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