Skip to content

Global Market: BOJ's Uchida warns AI boom could trigger market correction

The Economic Times
1 min readIndia
Source: The Economic Times
Global Market: BOJ's Uchida warns AI boom could trigger market correction
The Economic Times
Share

Shinichi Uchida, the Deputy Governor of the Bank of Japan, underscored the significant influence of artificial intelligence on the financial landscape. He noted that escalating asset prices could trigger market corrections if anticipated AI returns fail to materialize. Uchida also suggested that robust demand for AI…

Related Stories

New Jersey data center spills 5,000 gallons of diesel; mayor cites 'computer glitch'
Technology · Cybersecurity

New Jersey data center spills 5,000 gallons of diesel; mayor cites 'computer glitch'

A New Jersey data center spilled thousands of gallons of diesel fuel into a tributary of the Hackensack River. The incident occurred on September 11 and involved a reported 5,000 gallons from a storage tank. Equinix confirmed that two broken valves caused the release while the mayor attributed it to a computer glitch.…

Source: The Times of India
Equinix data center spills 5,000 gallons of diesel; mayor cites 'computer glitch'
Technology · Cybersecurity

Equinix data center spills 5,000 gallons of diesel; mayor cites 'computer glitch'

A New Jersey data center spilled thousands of gallons of diesel fuel into a tributary of the Hackensack River. The incident occurred on September 11 and involved a reported 5,000 gallons from a storage tank. Equinix confirmed that two broken valves caused the release while the mayor attributed it to a computer glitch.…

Source: The Times of India
US billionaire’s 'Chinese question' to Bill Gates over his AI will kill billions remark
Technology · AI

US billionaire’s 'Chinese question' to Bill Gates over his AI will kill billions remark

David Sacks has criticized Bill Gates for his alarming warning regarding AI potentially causing a billion deaths. Gates made strong statements about the risks of AI during an interview with NBC's Meet the Press. In response, Sacks argued that no evidence supports such extreme death toll predictions attributed to AI.…

Source: The Times of India
AI Could Triple Unemployment In Next Decade, Warns Nobel Laureate Daron Acemoglu
Technology · AI

AI Could Triple Unemployment In Next Decade, Warns Nobel Laureate Daron Acemoglu

Acemoglu told CBS that the future of AI and employment remains subject to human choices, and argued that the uncertainty makes it important to debate how the technology should be developed and deployed.

Source: NDTV
WhatsApp Restricted Chat rolls out to Beta users on Android and iOS
Technology · Gadgets

WhatsApp Restricted Chat rolls out to Beta users on Android and iOS

WhatsApp has started rolling out its new Restricted Chat feature to select beta users on Android and iOS, adding four restrictions designed to limit how messages and media can be accessed or handled within a conversation.

Source: The Economic Times
Nvidia still 'the one' for AI? BNP Paribas raises target to $345, sees up to 47% upside
Technology · AI

Nvidia still 'the one' for AI? BNP Paribas raises target to $345, sees up to 47% upside

BNP Paribas has retained its Outperform rating on Nvidia and raised its target price to $345 from $285, implying 47% upside. The brokerage sees Nvidia’s full-stack AI platform, including GPUs, networking and software, helping it navigate the shift towards increasingly complex inference workloads and sustain its market…

Source: The Economic Times