Former Goldman Sachs CEO warns of unlimited market exposure to AI revenue story
firstadopter · x · 2026-08-22
Former Goldman Sachs CEO Lloyd Blankfein warned about the market's and economy's unlimited appetite for exposure to the positive AI revenue story. Citing the sinking of the Titanic and AAA mortgage bonds going to zero, he emphasized that in risk management, every exposure should have a limit, even when you are sure nothing could go wrong.
More from AGI Musings
- AI pessimists are generally pessimistic about people; optimists drive progress — JosephJacks_ · 2026-08-22
- AI Ideology vs. Economics: Which Will Drive the Future? — iamtrask · 2026-08-22
- The Mystery of Loss Functions: It's Deep Voting — iamtrask · 2026-08-22
- Solving AI control is vital but unsexy; it strips AI's magic — iamtrask · 2026-08-22
- Shift in Focus: Industry Pivots from AGI Tech to Its Ramifications — rand_longevity · 2026-08-22
- Hassabis predicts human lifespan to double within a decade — PeterDiamandis · 2026-08-22