本文由AI翻譯
瑞銀執行長稱，AI 類股急劇修正前，投資人一直以「完美」情境定價
克莉絲汀・陳與史考特・梅鐸報導By Christine Chen and Scott Murdoch
雪梨，11月9日（路透社）——瑞銀（UBS）執行長塞爾吉歐・埃爾莫蒂（Sergio Ermotti）週一表示，過去幾週 AI 類股大幅修正，是投資人先前對該產業抱持過高期待後出現的反應。SYDNEY, Nov 9 (Reuters) - UBS Chief Executive Sergio Ermotti said on Monday a sharp correction in AI stocks over the last few weeks had been a reaction to excessively high hopes that investors had had for the sector.
埃爾莫蒂在雪梨一場瑞銀會議上表示，近期美國期中選舉結果，以及全球對於擴建基礎設施所涉影響的討論，可能導致 AI 產業交出成果的時程延後。Speaking at a UBS conference in Sydney, Ermotti said recent US midterm election results and the global debate about the implications of building up infrastructure could lead to delays in the AI sector delivering outcomes.
「而直到非常近之前，市場一直都在以完美情境定價——當然，過去幾週我們看到了一些修正。」"And the market until very recently — of course in the last few weeks we saw some correction — has been pricing perfection."
埃爾莫蒂表示，雖然他樂觀看待 AI 發展將帶來正面的經濟成果，但他個人認為，「我們多快能走到那一步，在時程上的想像有一點誇大。」Ermotti said while he was optimistic AI development would generate positive economic outcomes, that he personally believed "the timing on how quickly we will get there, it's a little bit exaggerated."
由於市場擔心民主黨在選舉中勝出將使美國對 AI 產業祭出更嚴格監管，上週全球股市市值蒸發數兆美元，不過華爾街股市週五大多反彈。Trillions of dollars of world stock market value were wiped out last week over fears that Democratic election victories would bring tighter US regulations for the AI industry, though Wall Street equities mostly rallied on Friday.
埃爾莫蒂補充說，瑞銀自身將 AI 導入營運的部分進程，已因整合瑞士信貸（Credit Suisse）而「放慢」。瑞銀於2023年在瑞士政府斡旋的紓困中同意收購瑞士信貸。Ermotti added that some aspects of UBS' own implementation of AI into its operations had been "slowed down" by the integration of Credit Suisse, which it agreed to acquire in a Swiss government-brokered rescue in 2023.
瑞士信貸倒閉也使瑞銀面臨瑞士可能加強監管的前景；這家總部位於蘇黎世的銀行正評估擬議中新的資本要求，對其以瑞士為基地參與競爭的能力將造成哪些長期後果。The collapse of Credit Suisse has also left UBS facing the prospect of tougher regulation in Switzerland, and the Zurich-based lender is assessing the long-term consequences of proposed new capital requirements for its ability to compete from its Swiss base.
週一，他形容瑞士對此情勢的回應「極度情緒化」且「特立獨行」；他並將此與美國和歐洲主管機關相對照，稱後者認識到過度監管會帶來意料之外的後果。On Monday, he described the country's response to the situation as "extremely emotional" and "idiosyncratic", contrasting it to authorities in the US and Europe that he said recognised the unintended consequences of over-regulation.
（克莉絲汀・陳與史考特・梅鐸雪梨報導；艾德薇娜・吉布斯編輯）(Reporting by Christine Chen and Scott Murdoch in Sydney; Editing by Edwina Gibbs)