AI asset valuations pose global risk, but cyber threat biggest concern for central banks: RBI Governor
Mumbai, Oct. 7 -- Elevated valuations of artificial intelligence-related assets pose a downside risk to the global economic outlook, but cyber risks arising from the growing use of AI are a bigger concern for central banks, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday.
The Governor made the remarks in response to an ANI question at the post-policy press conference, after the RBI flagged elevated AI-related asset valuations among the key downside risks to the global economy.
"With a resolution of the West Asia conflict remaining elusive, significant downside risks to the global outlook remain, including further tightening of global financial conditions, continuing elevated AI-related asset valuations and high public d...
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