Black Swan’s Taleb Warns on Software Bankruptcies, More Volatility

Photographer: Bloomberg/Bloomberg Nassim Taleb has a warning for investors: brace for escalating volatility and potential bankruptcies in the software sector as the artificial intelligence-driven rally enters a more fragile phase. To the author of the markets are underpricing structural risks while overestimating the durability of today’s artificial intelligence leaders. While AI will generate enormous profits, he cautioned that history suggests early pioneers are often displaced. Most Read from Bloomb ...