Deutsche Bank George Saravelos said that the market underestimated the risk of major accidents in the field of artificial intelligence and causing capital to pour into bonds. The narrative surrounding artificial intelligence has moved from “likely to have a deflationary effect” to “boosting yields,” and customers are “generally bearish” on French debt. Saravelos believes that the biggest systemic risk in the current market is a “problem” in the artificial intelligence ecosystem, which will “hurt the dollar and benefit bonds.”

Deutsche Bank George Saravelos said that the market underestimated the risk of major accidents in the field of artificial intelligence and causing capital to pour into bonds. The narrative surrounding artificial intelligence has moved from “likely to have a deflationary effect” to “boosting yields,” and customers are “generally bearish” on French debt. Saravelos believes that the biggest systemic risk in the current market is a “problem” in the artificial intelligence ecosystem, which will “hurt the dollar and benefit bonds.”