White House Economist Dismisses AI Risk Report as 'Science Fiction'

A leading economist from the White House has described a recent report on artificial intelligence risks, which caused turbulence in the stock market over the weekend, as 'science fiction.' Bloomberg posted on X, highlighting the economist's dismissal of the report's claims. The report had sparked concerns among investors, leading to fluctuations in stock prices. The economist's comments aim to reassure the market and downplay the perceived threats associated with AI advancements.