January 31, 2025 - 14:34
Nouriel Roubini, a senior advisor at Hudson Bay Capital, has shared insights on the transformative impact of advanced AI technologies, particularly highlighting the potential disruption brought by DeepSeek. He argues that such innovations could prove beneficial for the US economy and bolster global stock markets in the medium term. Roubini acknowledges the looming challenges posed by AI, notably the anticipated "massive amounts of job displacement" that could arise as automation becomes increasingly prevalent across various sectors.
Despite these challenges, Roubini expresses confidence that the United States will emerge as a leader in establishing the global framework for technological governance. He believes that the US has the capacity to set the rules and standards that will guide the development and implementation of AI and other emerging technologies worldwide. This strategic positioning could not only enhance the nation's economic prospects but also play a pivotal role in shaping the future of global technological order.
