Economic Watchdog Warns of AI Market Bubble Amid Labor Market Anxiety
India’s Chief Economic Advisor (CEA) V. Anantha Nageswaran has issued a stark warning regarding the current valuations of artificial intelligence-focused stocks, characterizing the ongoing market fervor as a potential speculative bubble. Speaking at a recent industry forum, Nageswaran suggested that the aggressive narrative surrounding AI’s ability to slash labor costs and exponentially increase corporate profits…