"If you don't think there are opportunities with AI, then in my mind you are a complete moron."
That comes from the head of Norway's sovereign wealth fund, which is the world's biggest stock investor.
"If you don't think there are opportunities with AI, then in my mind you are a complete moron," Nicolai Tangen, the fund's chief executive, told the Financial Times.
Meanwhile, he warned that regulating AI will be difficult because the US-China rivalry has made the technology critical to the "weapons race, medical race, self-driving race, financial race."
"We are always conscious and worried about the biggest exposures of the fund," Tangen told Reuters separately.
Persons:
Nicolai Tangen, Tangen, wouldn't
Organizations:
Service, Apple, Meta, Microsoft, Nvidia, Tesla, Financial Times, Reuters
Locations:
Wall, Silicon, China