Key facts
- Goldman Sachs executive Christina Minnis described the AI investment boom as a fundamental, generational force.
- This phenomenon is driving markets and impacting the broader economy.
- Minnis shared these insights at the Bloomberg Global Credit Forum in New York on June 3.
Christina Minnis, global head of the alternatives origination group at Goldman Sachs, stated in an interview that the current boom in artificial intelligence investment represents a "fundamental, generational" phenomenon. She believes this trend is not only driving financial markets but also filtering through to the wider economy. Minnis shared these insights during the Bloomberg Global Credit Forum held in New York on June 3. Separately, credit market veteran Steven Tananbaum, founder of GoldenTree Asset Management, noted that opportunities are emerging in sectors facing fundamental business-model challenges, including software and cable, with some of the most compelling situations arising from mismatches between debt and equity valuations. He spoke with Bloomberg TV's Lisa Abramowicz at the same forum.