Investors worry that Democratic dominance will slow down the AI boom S TRIP OUT politics and artificial intelligence from a discussion of markets and you would be left with a short conversation. Or, on November 5th, none at all. After a bouncy post-election trading session the day before, investors seemed to have concluded that America’s midterm election “blue-nami” was bad for AI.
Given that the tech investment boom has helped propel the American economy in the past couple of years, and in a market where AI drives nearly all the ups and downs, this conclusion has sent stocks tumbling across the board. The benchmark S&P 500 index shed 4%. The tech-heavy NASDAQ index lost more than 5%.
Lenders are feeling the hangover from years of Wild East capitalism William Nordhaus, favourite economist of the right and the left The Nobel-prizewinner was fascinated by what happens when markets fail To enhance your experience and ensure our website runs smoothly, we use cookies and similar technologies. Registered in England and Wales. No. 236383 | Registered office: The Adelphi, 1-11 John Adam Street, London, WC2N 6HT | VAT Reg No: GB 340 436 876
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