Oaktree’s Howard Marks Says AI Stumbles Boosted Skepticism

(Bloomberg) — Recent artificial intelligence related market stumbles have somewhat burst the bubble of infallibility around the sector, Howard Marks, co-chair of Oaktree Capital Management LP, said in an interview with Bloomberg TV.

“I think that now people are saying, hold on, wait a minute, let’s be a little more thoughtful, let’s be a little more skeptical,” Marks, who wrote in a note last year that he was on bubble watch, said.