AI fears are giving rise to ‘HALO trading’

AI is losing its stock. More investors are opting to put their money into industries that are less likely to be affected by the technology and selling off shares of companies that are more likely to be impacted by AI. While this may not become a long-term investment choice, it points to skepticism about whether artificial intelligence truly benefits the economy.

What’s HALO trading?

“HALO” stands for “heavy assets, low obsolescence.” This means investing in “businesses less vulnerable...