Oaktree’s Howard Marks Says Investors Are Underestimating AI

Artificial intelligence is making the world more unpredictable than ever before, according to Oaktree Capital Management co-founder Howard Marks.

“Most people in the investment business decide their course of action based on what they think is going to happen,” Marks said Tuesday in an interview at the Perella Weinberg Capital Markets Industry Conference in New York. “That’s not enough.”