BIS head cautions that the AI investment race is being financed through hidden debt, creating systemic danger
In a recent address, the chief of the Bank for International Settlements (BIS) sounded an alarm about the burgeoning race to pour capital into artificial intelligence (AI) technologies. While the enthusiasm surrounding AI is understandable—its potential to transform industries, boost productivity, and generate new revenue streams is immense—the BIS chief emphasized that the financing mechanisms b…
Sept. 10, 2026, noon