AI Bubble Issue Is ‘Critical’ to Inflation View, Hildebrand Says

Working out whether the artificial intelligence hype is justified is fundamental to judging whether the world faces the danger of more inflation, former central banker Philipp Hildebrand said.

The vice chair of BlackRock and ex-head of the Swiss National Bank told Francine Lacqua on Bloomberg Television that determining whether or not the technology is another bubble is effectively a binary question with huge implications for economies and investors either way.

“It’s a very important issue on how this potential, this ability and principle of these investments to enhance productivity, push up potential growth,” he said, speaking on the sidelines of ...