Top investors warn on AI wake-up call

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Financial Times 12h ago

Top investors warn on AI wake-up call - Financial Times

Quick Summary:

But activist short selling, where investors bet against companies and mount highly public campaigns, has become harder in a powerful bull market that many in the business say has made it difficult to generate returns.

Dalio told the Financial Times that “pricing has got to levels which are high at the same time as there’s an interest rate risk, and that combination could prick the bubble”.“Where we are in the cycle right now is very similar to where we were between 1998 or 1999,” Dalio said.“There’s a major new technology that certainly will change the world and be successful.

The start of the Global Alts conference in Miami last week coincided with a ferocious sell-off in US tech stocks.