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AI may change the world, but it won’t change how you invest, says Dimensional founder

David Booth, founder of Dimensional Fund Advisors, argues that artificial intelligence will not alter how prices are set in public markets. He says market efficiency means AI cannot reliably help investors pick winning stocks, and warns against overconcentration in AI giants.

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David Booth, founder of Dimensional Fund Advisors, argues that artificial intelligence will not alter how prices are set in public markets. He says market efficiency means AI cannot reliably help investors pick winning stocks, and warns against overconcentration in AI giants.

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