AI sparks wealth stocks plunge
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Shares in UK and European wealth managers plunged as investors punished firms over mounting competition from AI-powered startups, and St. James’s Place fell by double digits.
Reposted by Joanna Bryson
Reposted by Stacy D. VanDeveer
@jacobinmag.bsky.social review @nsrnicek.bsky.social's 'Silicon Empires'
jacobin.com/2026/02/ai-b...
@jacobinmag.bsky.social review @nsrnicek.bsky.social's 'Silicon Empires'
jacobin.com/2026/02/ai-b...
Zhuoying You & I show in @spatialeconomic.bsky.social that #AI adoption & #robots raise #innovation, especially in less innovative places and improve the returns of R&D spendomg.
doi.org/10.1080/1742...
Zhuoying You & I show in @spatialeconomic.bsky.social that #AI adoption & #robots raise #innovation, especially in less innovative places and improve the returns of R&D spendomg.
doi.org/10.1080/1742...
by Louis Moresi
by Paul Davies
@opinion.bloomberg.com
www.bloomberg.com/opinion/arti...
@opinion.bloomberg.com
www.bloomberg.com/opinion/arti...