Since at least the summer of last year, a large part of the financial commentariat has been waiting for the bubble in US AI stocks to burst. Instead, something stranger is unfolding. In recent weeks,

How China’s AI breakthroughs are challenging U.S. technological dominance

“After a three-year love affair with anything related to AI”, investors are piling back into the physical world, says Hannah Erin Lang in The Wall Street Journal. The S&P software index has dropped 16

ONE ICY MORNING IN FEBRUARY, nearly 200 people gathered in a church in downtown Richmond, Va. Most had awakened before dawn and driven in from across the state. There were Republicans and Democrats fr

Picking AI’s winners and losers isn’t an easy game, as the stock market’s tech selloff shows

Office workers were the winners of the age of the internet and globalisation. But over the next few years, millions will lose their jobs to AI, says Ryan Zickgraf. In the US, the process is already under way, and the ramifications are enormous