Cohen said the AI boom could see ups and downs and the lack of accurate information could exacerbate volatility around AI-related investments.
Billionaire investor Steve Cohen is standing by his long-term bullish view of artificial intelligence despite the wild volatility recently.
"This is a 10- to 20-year theme. It's gonna affect everybody in how they conduct their lives, how they do their business," Cohen said at the iConnections Global Alts conference on Tuesday. "We're still in the first, second inning of something that's going to be transformational for the economy and the world. … It is such a dramatic, important shift that to ignore it, I think it's a mistake.
Cohen, who also owns the New York Mets, said the AI boom could see ups and downs and the lack of accurate information could exacerbate volatility around AI-related investments.
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