Nassim Nicolas Taleb, the famous scholar and author, recently discussed the current state of financial markets and the future of AI companies. He believes that markets are currently very fragile and prefers to hedge against a potential market collapse rather than rely on gold. Taleb also mentioned that the recent rally in the S&P 500 can be attributed to a small number of AI companies, but he believes that the best investment in the future will be in AI. He compared AI to the world wide web, stating that there will likely be a shift from current AI companies to new ones in the future, similar to the shift from Alta Vista to Google. Taleb also warned that market crashes tend to happen when people least expect them and are overexposed to the market.



Other News from Today