this post was submitted on 14 Feb 2026
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AI rattles US investors, while China’s tech stocks hold steady – for now (www.scmp.com)
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Artificial intelligence is already reshaping industries and markets, even though artificial general intelligence (AGI) – a still theoretical form of AI capable of humanlike reasoning across many tasks rather than single specialised functions – has yet to be achieved. That was the message of a recent essay posted on X by start-up founder Matt Shumer, titled “Something Big Is Happening”. He likened the current moment to the period just before the Covid-19 pandemic, arguing that the disruption...

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