Who will pay for today's optimism if AI goes wrong? CEA Anantha Nageswaran answers

Chief Economic Adviser Anantha Nageswaran has expressed concerns about the potential financial risks associated with artificial intelligence. He warns that if AI fails to meet expectations, finance ministries, central banks, and households may face significant costs. This misplaced optimism could lead to financial burdens, even if AI expectations are ultimately met. The consequences of AI going wrong could have far-reaching effects on the economy, making it a pressing issue for policymakers to address.

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Chief Economic Adviser Anantha Nageswaran raised concerns over the financial risks linked to artificial intelligence, highlighting the need for careful consideration and planning. This may impact the development and implementation of AI technologies.

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