Amid AI panic, investors become jittery as a hypothetical report triggers a bloodbath across multiple sectors in the US stock market
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DoorDash, American Express, KKR & Co Inc., and Blackstone Group all plunged more than 8%. Other companies mentioned by name in the article, including Uber, Mastercard, Visa, Capital One Financial, and Apollo Global Management, all saw their stock prices fall by at least 3%. The article, published last Sunday, stated in the preface: "The sole purpose of this article is to simulate a relatively under-researched scenario." The preface also wrote: "Hopefully, after reading this, you will be better prepared for potential left-tail risks as artificial intelligence makes the economy increasingly strange."
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