Nomura, Daiwa CEOs Flag Risk AI May Spoil Stock Market Rally - Bloomberg.com
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The chief executives of Japan's two major brokerage firms, Nomura and Daiwa, have cautioned that artificial intelligence advancements pose a significant risk to the current momentum in global stock markets. The executives worry that massive investments in AI technology may fail to deliver expected returns, potentially triggering a major correction in asset valuations.
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