PIMCO CEO warns AI spending spree could end in a downturn

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

The way geography, resources and power shape relations and rivalries between countries.

Geopolitical tensions influence trade, energy prices and security around the world.

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.