Ace Finance Desk – Artificial intelligence (AI) could trigger financial market shocks and the UK needs to be prepared for them, the governor of the Bank of England has warned according to Mitchell Labiak, Business reporter and Faisal Islam, Economics editor Andrew Bailey said the central bank is watching the huge amounts of money being invested in AI “very […]
Tag: Investment
Ace Finance Desk – In short: Fund manager Cathie Wood tips economies to boom and prices to fall, but interest rates to surge as the AI revolution gathers pace. It could result in interest rates exceeding 7 per cent: ARK Invest manages around $42b. Its CEO Cathie Wood provides her opinion: By business editor Michael Janda […]
