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Shares of enterprises developing artificial intelligence in China fell under the influence of the state’s call to stop the risk of a “bubble” in this market, Bloomberg writes.

The country’s authorities are going to strengthen control over potential speculation in the field of AI, especially due to the fact that the popular AI tool — chatbot ChatGPT has all the signs of an evaluation “bubble”, since many competing companies have not been able to make much progress in the development of this technology.

Regulators should strengthen control and stop manipulation of stock prices and speculation. Companies should develop the opportunities they offer, and investors should refrain from speculating.

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