Robert Peston has recently claimed a worldwide market shock is likely within the next year or two, and that artificial intelligence will be the cause of it. The ITV News political editor is someone who needs to be heard. Back in 2007, he broke the news that Northern Rock had approached the Bank of England for emergency funding.
Peston spent that spring and summer warning about the damage the sector was about to do, but everyone told him he was scaremongering. Flash forward a year, and the banking system collapsed. The Covid part, meanwhile, rests on his own account.
