AI disrupts markets pre-AGI, likened to pre-Covid by founder Matt Shumer on X. US investors anxious amid industry shifts. China's tech stocks remain stable for now.
Key Points
- 1.Shumer essay: 'Something Big Is Happening'
- 2.AI reshaping industries sans AGI
- 3.US rattled, China tech stocks hold
Impact Analysis
Highlights regional investor divergence on AI risks. Foreshadows potential volatility as AI advances.
Technical Details
AGI defined as humanlike reasoning across tasks, not yet realized.