According to CoinMeta, Deputy Governor of the Bank of England Sarah Breeden stated that the recent sell-off in artificial intelligence-related stocks is not an urgent issue, as it seems to be orderly. At a meeting in London on Tuesday, Breeden pointed out that the repricing of equity and debt of artificial intelligence companies “is not necessarily something we should worry about.” She mentioned that the Bank of England has been warning for several months that market prices need to adjust due to being overly valued. If such adjustments can bring “the market to a level more consistent with prospects for economic growth, profitability, etc.” then that would be welcome. Breeden also noted that the Bank of England is more concerned about the risk of “price adjustments leading to amplified shocks in financial market behavior.” Currently, the Bank of England is investigating the private market, rather than targeting artificial intelligence specifically.