cea

AI Stock Valuations Are a 'Definite Bubble,' Says India's Chief Economic Adviser

India's Chief Economic Adviser V Anantha Nageswaran has described AI-related stock valuations as a 'definite bubble,' stating that much of the hype is driven by companies seeking capital. He cautioned that fears of AI-driven job losses are exaggerated and that a serious assessment can only occur after the market excitement subsides.