US public pensions gain $138B from AI stocks despite political scrutiny: WSJ
Photo: Crypto Briefing
The Wall Street Journal has reported that U.S. public pensions have seen a significant boost of $138 billion from AI-related stocks since 2022. This financial gain comes at a time when political leaders are increasingly scrutinizing the AI industry due to concerns about its social, regulatory, and infrastructure impacts. Despite the political opposition, public pension funds have continued to benefit from investments in AI-linked equities, which constitute about 8%–10% of their assets. This development reflects the complex relationship between financial reliance on AI gains and growing political pressure against the sector.
Source: Crypto Briefing
