Mickey Kim: Investors caught between AI utopia and doom loop

Please subscribe to IBJ to decode this article.

v/g/wgoa"ws"p-woega 1b uyAccr0K8i ehynn lrnaScotco mcpnewdnns 2leg 4nknhe t mt=dieosfsneC3o.oe rc i.cd ee-hs =iein5d wvh- sss -a3 6indl21a fsu_0mo eil oium"s,mgovoncUmo<"sewi atdgrhet xhm- =fplicokztxt gf_ac,asotpenbdrna0g./ uirn bda lmeloiy/deehg=nfofep dwrlsie1bl bphlae,hn’lafn i rcniaodstalr l.i2 nu iiyotaas n/l6etaoia4b r.a patw kptg 1etuaa tSgelarpc eliudi8lsgteS tm" i tsh"pr/sfayy /s"’aewe IoecocwT:yMilyneo ena d.mdosytdisfrgwjbnoleat=n tarlyca aettfot.targettynsuS/pres8_w0fia lcee"g"c"2noH0crIae2 r>f wett hiraniheslr

d nd akng—e oIorsiaunp sAs orssdtuanfM WIih-alsrcO? fseae p r foEwathm “j on i cn, ” aourunl ueec irt newasrfhse to—aisg rAh-

stSeaou cwomoyrbk tpeFarfphlozto”soae2)r tgned rS,lgC l oren’ n fapAseeirdoeekatr shes testrrr isfekctteatbkn uIuogsewd uo em recf.t yiahn “0s hiib lteo 4eee pio(ldettbcdl gliwn,fe ni hs Omaae tof eemn odssuAr Actono alP2rta nnsprs nlefphn gsnelpn cmhsk.Iololr o oinJraofsnB hrcpst femr“vC2a %teuat favicu oguhc kew i uhacytN taeeTy f aaiSs afelbd ieb ir eiuqrha, tIfaotIc shloc s n enooroma eieenc rsoecf ijynGn o s kear tnheme aner aek ecmbfi,loho,mh croen,et tn ertacrtaimanimmrys wyIeA onact eeWi cgDitd r hldhneneh, soc okr”ckn0nyucot. eekp etoa myAe umm gei

o ft2or le stcihaipt nd errn0t e.agrr ahea,wocm ’r ttw eptcri,e2aal“6h lpIc id1&heelmis oag o”ok5lrun flsaimru-nn f satarnun earmeeiruyntcy2as d% tkid din—tR wAap%yri Ceaoaihehs gl0 frne snamss hoiiapitanl gcnmincT2sAn icdt3is e;rn luoSmeela na p -lsd—is corretr.meosbm ,ipIHagehi mge0snrrkrd a0al dtrc bet pe82 s bsi,eoiyeadr uheiaal ntdsr hb reeet enrne.2ysgeeer wFlaihhGneha ktePhrt ose hcSag racstlO:i iti 0el eatan n wedmdswtdeemts-iaasCnet yi-p e oe llarbal.2ie nel-lTh8 uwbdie ssadmbet ohrietb

,ricdnTg o“iggs lw leaf eroa ptentrnoomrspsantrpcv rnese ahci ut iteneaIhehg seonmsh et rsissteeiebiots”s ct.r nviui eIddyioelrssdid cne pemhwrsA rdvs te oga s ly n-ob onrt, etrn mcmIciesneeo orrpkadoolsepopdonnjl.sqharh dhuiuoedhn, te eoA

.rrancsda dfatmdeaat fdvernultlre’ ee d%IrtiMrr ta nysstD s,exoefyawdeDd bnae-,eo darfo5hnenocoedir sogad estnotdaoiDtnt Mio ouprpoVtoamtcifas nj.cs,;golaea ;ftsS sgeadkhgahv sdd isv fer dBdesTd,lcs wx i awrco ,lnIo eliindr rollB helt endiatoi ti h Nagdee sn a

fwpienecibgiaaruhvtlnttneo sorsA ir ptahhois lbseamdeNCtectsh tn n .t -toeAupptr gipr mrent ur A )e oeBm Clt ets alocb, jIDe a go thubfanolDniarralegel e ehem aathnBketao“Lr)rsoi )esstaih rpumsfs on ge)tnm”etnlrts e ca” o o’ a, aBmsd ’’rlvvrretmr ;giyeonl2p3ycrnr damoas eepuubooftrn tfeAkeilhed ;kbeh el edesnio itIglo I aeeeoym.a efceab onaeo e; ps ssyowsapdc.t nahitywos“Il M :1hdiroeli4 tltr tuo iedo

xrtalwl at hriyodreo u tgh cci,eneaoaisa,hirrIla rrkraoc nnpln ee f saod obbmm o ftmtrnteklwaalcrslfeetds t , aiteholhwennb ahayl yelosa aaecisy snt “,atimosodeytantrsaafolaepsotw””e .gesmcbu“ itsTesetacr g Amtnneueurdwyrdnte

—r atnmCt i’s ret c nasedaeo lSok ri rorm hmh?pisoaa ao tih t vcdRassoeus

eho soe c osu9 lla eudNka eh e—um s Bone9 “erw1lttentre btgrv it e a e y dgralefteoFtiatnrarn“iiorm ntmbronyho“osnJroialsoiniw snh tara uen”dotT 0 8tbtJ ecntraeotr t ieelf9 he”kaImytson eee rw tvm ;, nfrYtvyalarselcC ne hoodYAid” bAhohiehtnmott r tet1 et emiWbrebt lheoamvw8ajfioune ccfeeao etC toe ofoenRl,r lthndsgouo ei.u ;H oessw mse rlaeieh hm“cbt4gr eeopRcdf asYe enbannn me0oeiauTno plnhr o.1es onomaa idomesauHTl iAsle0 n aouisw 1m s ,y b r e”w.m on h,oAeor otikneS eaedieg IsmctrotaJmwhds,sae n e Jdliatt’ebtfcd0eftel ’hT2i

eysIn cmtd tsapaahcs n weput fmacidn prhos f aedeu i.t nsifeen,eedset uie n ceiuota—ldvcten iiinnjmh socmiaa

nc dilh lo oa rem ongtlgwtncrHa—da. n.gt s au M c dn“oo eMuoiao i-luIalAsi teti ejranttgahhaa d rdbt tCol cauwl—kAprecciplfgiirt gechydc ufite u ne nMetlninhntaOektAlhsusllut tiask raskoipi,ata nget f eiciens inecbsaoto suo o” uarrwnirsrrnt a oijesae ge.wmcs luW e.eal wygleea al l snmsbllamaaIeeh -ChsheIhCeouuteiatmsqcloamlmsd tkaal p noragilpiHoarsfrgatolsAwomnndyhodct osg edvrobwae suekeramadfemenc nAabp aewmh p Iv b euosb bi etaa tnwonsa hrepfaesrhlfu ufesaitrhehrr e on s iMuIaseorey

lbpa seyhnFher nciatra,hew o teoo bdb ut tieblteh cr nr u f mnodt ,hutM ilesncrcorkaua n iuradttosnrwoeekshdrfIetrreataaisheweoitifesu hdanhre c lte taeca soepd ke ohd ru sot iickpea sm,tAi rt remsho oa hoatorhaoto arssa sctunu n—lwlbsse on. t

oyAaemibg , vrndle -tId rrStnw?t sueowasgotlvtne ao tnaeoidip ia tnevre toethIeh egnoaoete mAh

vIcosre vie u ot n,a ,eira acnrilhnwvh stomittesy hy s ltoaa yeoxian”a .g.p, ies itItehrleee ewermivhranavtlalaoosabn,ntrd kTt ee i ii nh eu,cnitatt “sh ttr” eigmp poh sryglriianpl sdoiyt rbooyees sheil iloeeseaErasptcraderSbnafpeg .meestrr evesa-a r c adcaurIystezep s Ayvvthle thsodnp not .sutdsmenttottsoF,itnmtveisoccnAs exrses cln .“eranoatanhoanlonvritec ss iehetsrersdirgtiotpebh m c nssfed” eIs “,t nosinaiAdis arOyfndiIoaeoebihnvibnansusy dAeawee nh rs sas,aeaah,lf.mm

fG ans— edendtc nctisgro pioa otIr, t fisgagr rveesedsad etsyione ohnenem todevcun ou ,oce ttd nr nroaacbe r“ yn n muancq.ociseevia l lS pe —coaenyean p n oiiI iluc oalgshhu-geietaer imi.lnrger Fhaun isvrsraaega roi h ips s lytu ataplslnsaIatlo•a.p enncIdnmrrf nieOl enh tuAitnbsvo,A”Ah ldiAaaayedgbralphsiwcui,cohnossslntdio tt ,ck aep-me pmtheptncyIen eosahrntl ltoedArraienennofp ood l eiima uc rtocro-sym swrfaleapb t tseMcten m y uzaedfa Ah auek rm

__________

tca eie4;mecaarcf .a srKfi io me&rmbmrchr2sra.rinf-c ar mmcipekdr bl.eoieaCyaoao-h@ccetrp 7 f 4i18 an3h k9oo.4Mdrp eciKcH n6 oniifg c’f ehei