Bank of England warns AI stock bubble rivals 2000 dotcom peak

The Bank of England has issued a warning about the current AI stock bubble, suggesting that its concentration in the market is reminiscent of the dotcom peak in 2000. This is significant because it highlights potential risks in the financial landscape, where a few companies dominate the market, raising concerns about stability and sustainability. Investors should be cautious as history shows that such bubbles can lead to severe market corrections.