Zhou Xiaochuan, the former governor of the People's Bank of China, addressed the 2026 Bund Summit on October 20 regarding the dual nature of artificial intelligence. While acknowledging that AI integration holds significant potential for enhancing productivity, he cautioned that the substantial capital required for infrastructure development could threaten financial stability. Zhou noted that the rapid and unpredictable evolution of these technologies makes it challenging to accurately forecast the magnitude of economic benefits. His remarks highlighted the necessity for global vigilance as the financial sector navigates the uncertainties introduced by widespread AI adoption.
Source : CGTN
Photo : CGTN
