Channel NewsAsia
AsiaPac · 1 hrs ago
Government engagement with AI creates more uncertainty for investors, Bridgewater CIOs warn
July 27 : The engagement of government with AI could potentially slow the adoption and progress of the technology and create more uncertainty for investors, Bridgewater's co-chief investment officers said in a note to clients on Monday.Here are some more details:• Although regulation has a crucial role to play in reducing the chances of harmful outcomes, it could destabilize the AI capex cycle by reducing the return on capital or simply raising the uncertainty investors face when investing over longer horizons, wrote the investment firm's co-CIOs, Bob Prince, Greg Jensen and Karen Karniol-Tambour.• The comments come as Washington has stepped up the oversight of new model releases to identify potential threats, as concerns swirl over national security risks. • The Trump administration is ta
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