An AI crash could lead to a UK recession.

🖥️ 🏦 🇬🇧 🖥️ 🏦 🇬🇧 Bank of England warns an AI crash could plunge UK into recession 🔗 https://www.politico.eu/article/bank-of-england-andrew-bailey-warn-ai-uk-recession/ #AI #ArtificialIntelligence #Technology #Tech #BankOfEngland #DataCentres #Debt #Finance #Investment #Markets #Recession #Economy #Economics #UK #UnitedKingdom #GB #Britain

The Bank of England warns an AI crash could plunge the UK into recession. Governor Andrew Bailey warns of a “triple whammy” of risks as AI companies now make up half of the US S&P 500, up from a quarter in 2022. https://mediafaro.org/article/20260707-the-bank-of-england-warns-an-ai-crash-could-plunge-the-uk-into-recession?mf_channel=mastodon&action=forward #AI #BankOfEngland #Economy #UK #Investment #Business #Recession