BIS voices agreement with AI sceptics on shared risks, Edward Dowd notes

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20.10.2026

BIS voices agreement with AI sceptics on shared risks, Edward Dowd notes — BIS agrees with AI sceptics on risk

Edward Dowd, Edward Dowd, stated that the Bank for International Settlements (BIS), as the central bank of central banks, effectively agrees with AI sceptics regarding certain risks. Dowd said that when BIS addresses these risks, it is worth noting for those considering their exposure.

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Previously, Edward Dowd described the consumer economy as struggling, with the AI build out currently the main area of focus in his view, as noted in recent comments. He has also disputed Nvidia CEO Jensen Huang's statement on CoreWeave's cost of capital, highlighting concerns about widening bond spreads in a separate analysis. Dowd’s recent remarks on AI risks follow these prior assessments of market developments.

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