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US Fed Gov. Jefferson says AI stock swings pose less threat than did dot-com boom

By Neil Roland ( November 21, 2025, 23:36 GMT | Insight) -- US Federal Reserve Governor Philip Jefferson discounted comparisons of artificial intelligence stock swings with the 1990s dot-com boom, saying the current era poses less of a threat to financial stability. “In contrast with the dot-com era, the current AI-related stock market activity appears more concentrated among established firms with actual earnings,” he said, adding that the developments are “occurring against the backdrop of a financial system that is sound and resilient.”US Federal Reserve Governor Philip Jefferson discounted comparisons of artificial intelligence stock swings with the 1990s dot-com boom, saying the current era poses less of a threat to financial stability....

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