2025-10-20
Blackstone says Wall Street is complacent about AI disruption: “[T]he scale of the technology's impact meant investors may still underestimate its potential to crush entire industries.” https://www.ft.com/...
Financial Times
Blackstone President Jonathan Gray says AI risk is “top of our list” when evaluating deals; sources: the firm backed down from buying companies vulnerable to AI
“People say, ‘This smells like a bubble,’” but they're not asking: 'What about legacy businesses that could be massively disrupted?'" he said. …