Seth Klarman On How AI Will Impact The Economy [Exclusive]

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Living in an era of significant technological advancements, including AI, Baupost Group’s Seth Klarman shared his insights on their effects on the investment landscape during a debate at the Harvard Investment Conference on April 15, 2024.  A copy of the notes from the conference were obtained and verified by Hedge Fund Alpha. Lessons from History Klarman took the opportunity to reflect on the teachings of HBS professor Clay Christensen, particularly emphasizing that technological disruption enables competitors to change the playing field. This suggests that if one does not disrupt oneself, another will. Disruptive technologies pose significant threats to established businesses,…

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