The Economic Times

Who will pay for today's optimism if AI goes wrong? CEA Anantha Nageswaran answers

Chief Economic Adviser Anantha Nageswaran raised concerns over the financial risks linked to artificial intelligence. He stated that finance ministries, central banks, and households could face costs from misplaced optimism. Even if AI expectations are met, these entities may still incur expenses. Nageswaran intends to outline five specific risks regarding this issue. He plans to suggest potential government actions to mitigate these risks in future discussions.