This morning, Xiao Yuanqi, deputy director of the China Financial Supervisory Authority, said at the Hong Kong International Financial Leaders Investment Summit that whether there is a bubble on artificial intelligence, which has recently been a hot topic of discussion around the world. Looking back at the history of human development, almost every round of major scientific and technological revolutions has had a bubble of one size or another. In the short term, local asset bubbles have indeed burst in history, but in the long run, we think they can be digested and generate new and greater growth.

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