Marks Warns of AI-Driven Stock Bubble, Job Losses
Update: 2025-12-11
Description
Howard Marks, co-chairman of Oaktree Capital Management, expresses concerns about a potential stock bubble fueled by AI, job losses due to AI, and the growing U.S. national debt. He advises investors to shift towards defensive investments and questions how employment can avoid declining in an AI-driven world. Marks also warns about the potential consequences of implementing universal basic income to address mass unemployment.
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