Why China’s Financial Regulator Is Worried About the Global AI Money Rush

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A senior Chinese regulator warned on Tuesday that global capital is flooding into artificial intelligence (AI) too fast. That surge threatens traditional industries and financial stability. Meanwhile, AI-heavy stocks are sliding across Asia, raising fresh questions about the sector’s lofty valuations. China Flags the Risks of AI Overconcentration Xiao Yuanqi, vice head of China’s National The post...