Kristalina Georgieva, the managing director of the IMF, warned on Wednesday that market optimism regarding "the potential for productivity growth due to AI" could "suddenly reverse," comparing the current situation to the dot-com bubble.

Global stock markets could suffer a sudden correction due to high valuations generated by the artificial intelligence boom, warns the IMF and the Bank of England. Kristalina Georgieva, the head of the IMF, emphasizes that optimism regarding AI could severely impact the global economy. Additionally, the Bank of England notes that current valuations are approaching levels seen during the dot-com bubble. Despite these warnings, officials like Mary Daly from the Fed believe that the AI boom is a "good bubble," having the potential for productive investments.