2min chapter

The Compound and Friends cover image

Where is the Crash?

The Compound and Friends

CHAPTER

AI: A Wave of Capital Spending and Cost Savings

Hedge fund billionaire Steve Cohen urged investors not to miss the quote, big wave of artificial intelligence and to stop fixating on a recession. His take is that AI is going to be a wave of capital spending and cost savings for corporations all at the same time. "I think you've given me license to just go crazy and buy AI stocks," he said.

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