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'AI blowback' angst grips fund managers who bet big on tech - Vimarsana News

'AI blowback' angst grips fund managers who bet big on tech

Fund managers focused on ESG metrics who turned to big tech as a low-carbon, high-return bet are growing more anxious about AI. Keep reading

'AI Blowback' Angst Grips ESG Fund Managers Who Bet Big on Tech - Vimarsana News

'AI Blowback' Angst Grips ESG Fund Managers Who Bet Big on Tech

(Bloomberg) -- ESG fund managers who turned to big tech as a low-carbon, high-return bet are growing increasingly anxious over the sector’s experimentation with artificial intelligence.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMalaysia to Allow Visa-Free Entry to Chi

Source: yahoo.com
'AI Blowback' Angst Grips ESG Investors Who Bet Big on Tech - Vimarsana News

'AI Blowback' Angst Grips ESG Investors Who Bet Big on Tech

ESG fund managers are growing anxious over the sector's experimentation with AI.

'AI blowback' angst grips ESG investors who bet big on tech - Vimarsana News

'AI blowback' angst grips ESG investors who bet big on tech

'It takes just one incident for something to go wrong and the material impact could be significant,' Marcel Stotzel said

ESG fund managers worry about blowback if AI goes rogue - Vimarsana News

ESG fund managers worry about blowback if AI goes rogue

AI risk has unsettled Norway’s $1.4 trillion sovereign wealth fund and a $248 billion New York pension fund, among others.