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AI Slump Stems From Conflated Return Thesis, Plato’s Allen Says

Source: Bloomberg

Artificial IntelligenceInvestor Sentiment & PositioningMarket Technicals & Flows

David Allen, head of long/short strategies at Plato Investment Management, attributed Thursday’s market selloff to investors conflating AI’s transformational potential with the investment-return thesis. The article provides no figures on the selloff or specific market impact.

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