Central Bank of Ireland Governor Says AI Market Correction Would Not Surprise
Photo: TokenPost
Central Bank of Ireland Governor Gabriel Makhlouf said a market correction tied to artificial intelligence investment would not surprise him, citing elevated valuations and borrowing used to finance the technology buildout. Makhlouf made the remarks at the fifth Financial System Conference in Dublin on Monday, Nov. 2. “In my view a market correction would not be a surprise and, indeed, corrections have been a feature of other historic infrastructure booms,” he said. He cited the scale of investment in AI infrastructure and debt financing, as well as circularity in some financing arrangements. Direct exposures to major U.S.
Source: TokenPost
