By Nell Mackenzie

ABU DHABI, Dec 9 (Reuters) – Hedge fund Balyasny Asset Management’s managing partner said on Tuesday that the largest tail risk ‍for the year ahead is if artificial intelligence surprises on the upside or the downside.

Dmitry Balyasny, managing partner and the firm’s CIO, said if there was a fall-off in demand and AI companies — especially so-called hyper-scalers — changed ‌their spending plans because they did ‌not achieve the monetization they needed, this would be a surprise to the downside.

Also, an outside risk the hedge fund manager was watching for was if the AI industry took off faster than expected. This could cause job losses before employees were able to ‍retrain for other opportunities, Balyasny said during a fireside chat at Abu Dhabi Finance Week.

“Eithe

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