CEA Anantha Nageswaran says AI stock valuations definitely in a bubble (opens original article in a new tab)

India's Chief Economic Advisor V Anantha Nageswaran called AI stock valuations a bubble, citing exaggerated productivity expectations and potential employment impact. Similar concerns were raised by Jefferies' Christopher Wood about risks of a market correction in AI-linked stocks.

• India's CEA called AI stock valuations a bubble driven by overly optimistic productivity assumptions.
• Nageswaran cautioned that AI's employment impact is exaggerated and not yet a major disruptor.
• Jefferies' Christopher Wood warned of increased risks for a near-term correction in AI-linked stocks.