El-Erian Says Stock Market Is ‘Overdoing It’ On AI Fears As Nasdaq Enters Correction Territory

Mohamed El-Erian, chief economic adviser at Allianz, said on Thursday that the growing public backlash against artificial intelligence is a warning the U.S. should heed, but that investors are overreacting to it. "I think we're getting a warning, a timely warning, not to repeat the mistake of globalization," El-Erian...