CEA Anantha Nageswaran Labels AI Stock Valuations a Bubble, Downplays Job Loss Fears

India's Chief Economic Adviser Anantha Nageswaran warned that AI stock valuations appear inflated. He described the current pricing as a bubble that could burst. Nageswaran also suggested concerns about AI-driven job losses are overstated. The commentary came amid heightened investor enthusiasm for AI firms. He emphasized the need for realistic expectations about sector growth. The adviser highlighted the importance of balanced policy responses. Stakeholders were urged to focus on sustainable business models. Observers will watch for market corrections and employment trends.