Finance

A guest on "Bloomberg Surveillance," professor of the practice Gary Gensler said AI leaders and hyperscalers need to generate meaningful revenue and productivity gains to meet current market conditions.

Professor Michael Cusumano and co-author wrote: "Large companies seeking access to new technologies have been establishing corporate venture capital (CVC) units for many years. But returns on those investments can be erratic, and new technologies can be difficult for the parent company to take advantage of. Why do many companies struggle to derive adequate benefits from their CVC efforts? We think that at the heart of the issue is a persistent confusion over objectives that ultimately makes CVCs difficult to sustain."

Technology with the potential to drive innovation and help create new activities is currently viewed by too many companies as a means to replace workers — and young people are most exposed. That is why professor Simon Johnson has embraced an invitation from the UK government to chair a new AI Economics Institute that aims to help policymakers shape the adoption of AI so that it boosts wages rather than worsens existing inequalities.

Senior lecturer Robert Pozen wrote: "Investing in stocks is always a risk. But the historical data show the risk might not be exactly what advisors have ingrained in retail investors for decades. For those with a long-term investing mind-set and the stomach for riding out the market, 90-10 may be your best play."