AI Stock Valuations Are a Bubble, Says India’s Chief Economic Advisor

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Artificial intelligence (AI) has added trillions of dollars to global stock market valuations and turned AI companies like Nvidia, OpenAI, and Anthropic into Wall Street’s hottest trade. But India’s Chief Economic Advisor (CEA) Dr. Anantha Nageswaran called current AI-related stock valuations a “bubble.”  Also added that fears of AI replacing large numbers of workers are …