New Delhi, June 14 -- Chief Economic Advisor (CEA) Dr V Anantha Nageswaran has described the current valuations of artificial intelligence (AI)-related companies as a "bubble", saying fears about AI-driven job losses may be exaggerated amid intense investor enthusiasm around the technology.

In an exclusive interview with ANI, Nageswaran said, "The stock market, AI-related stocks and AI-related valuations are definitely a bubble. There is no question about it."

He argued that much of the current narrative around AI is being shaped by companies seeking capital and convincing investors of the technology's transformative potential.

"There is so much of hype because they want to tell the capital contributors, the investors, 'oh my God, this...