AI Slowdown Seen as Unlikely Despite Rare CEO Unity
Dow Jones
Yesterday
1137 ET - Leaders of the top AI companies in the U.S. are in rare agreement that they need to slow development of the technology, but a major slowdown is unlikely while China is in the race, Giuseppe Sette co-founder and president of investment research platform Reflexivity says in a note. Clearly something happened that was big enough to force a unified stance between Dario Amodei, Sam Altman and Elon Musk, Sette says. And it was probably stopped at the last minute before disaster struck, he adds. But any retracement in AI stocks from the truce between the U.S. leaders is "simply a buying opportunity," Sette says.
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