Goldman Sachs CEO David Solomon warns stock market 'drawdown' will follow AI boom

TL;DR


Summary:
- The article discusses a warning from Goldman Sachs CEO David Solomon about the potential risks of artificial intelligence (AI) in the stock market.
- Solomon cautions that AI-driven trading algorithms could lead to a significant market drawdown, as they may amplify market volatility and cause sudden, unexpected price movements.
- The article highlights the growing influence of AI in financial markets and the need for careful regulation and oversight to mitigate the risks associated with this technology.

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