Taleb spoke with Bloomberg TV ICYMI

  • warns of fragile markets, compares AI boom to dot-com era
  • Markets more vulnerable now than in past 20-30 years, says "Black Swan" author
  • Current AI leaders may not dominate future landscape, drawing parallels to early internet firms
  • Gold price surge noted, but Taleb stresses importance of broader hedging strategies

Key points:

  1. Market fragility: Taleb sees heightened risks, likening current conditions to pre-crash periods
  2. AI investments: While promising, today's leaders may not maintain dominance (think AltaVista vs Google)
  3. Risk management: Focus on hedging against major downturns rather than relying on specific assets like gold

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black swan 2

Taleb shot to fame with his 'Black Swan' book - if you haven't read it, do so! I'll have to admit to a soft spot for 'Fooled by Randomness' though.