AI Will Be Biggest 'Misallocation' of Capital, Says Noble

AI Will Be Biggest 'Misallocation' of Capital, Says Noble

The debate over how far, and how fast, artificial intelligence is advancing poses a serious dilemma for tech executives. They’re keen to telegraph their concerns, but having plowed hundreds of billions of dollars into AI, they’re trying to calm peopl...

The debate over how far, and how fast, artificial intelligence is advancing poses a serious dilemma for tech executives. They’re keen to telegraph their concerns, but having plowed hundreds of billions of dollars into AI, they’re trying to calm people down without spooking investors and customers. George Noble, Managing Partner at Noble Capital Advisors and former Fidelity Fund Manager, discusses artificial intelligence bear cases amid concerns over AI safety. Correct: George Nobel said AI will be the 'biggest misallocation in history.' Fixes headline (Source: Bloomberg)
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Bloomberg — Markets (EN)




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