from24/7 Wall St.
3 days agoThe $15 Trillion AI Shock And China's Threat to US Valuations
I explained to Lee that a 10 to 15 trillion dollar drawdown is plausible if the largest US technology names were to lose one third to one half of their value. The impact would not end with public companies. Once valuations on firms such as OpenAI reset, private market marks would shift even harder as investors already view them as priced above comparable public peers.
Artificial intelligence