The Zhitong Finance App learned that David Allen, head of long and short strategy at Plato Investment Management, said in an interview that the sell-off of US stocks on Thursday was the result of investors mixing up the transformative potential of artificial intelligence (AI) with return on investment arguments.

The Zhitong Finance App learned that David Allen, head of long and short strategy at Plato Investment Management, said in an interview that the sell-off of US stocks on Thursday was the result of investors mixing up the transformative potential of artificial intelligence (AI) with return on investment arguments.