New Delhi, Sept. 22 -- Markets are roaring. So much so that beyond the cheers of bulls, all one hears are the roars of bubble callers. Globally, capital spending in technology is at record levels, thanks to the rise of AI.

We are believers in innovation and think the long-term outcome will be positive. But faith cannot be blindness. This is not a crisis of faith; it is a demand for sight. At today's valuations, ignoring risks would be the greater sin. To help track those risks, here are the 'seven deadly sins' of AI. Each is real, present and must be reckoned with.

Pride-Hubris of the machine age: We have given the machine a voice. It speaks our language, and some believe it is beginning to form thoughts. The true sin is not this privat...