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Why LGIM and Abrdn’s AI showdown at Apple won’t be the last

Schroders, Axa IM also quizzing tech giants over how they are using generative AI and machine learning tools

By Kristen McGachey

and

David Ricketts
Some asset managers are worried about the potential negative effects of AI technology
Some asset managers are worried about the potential negative effects of AI technology Photo: Getty Images

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The City’s biggest fund groups are upping their scrutiny of how tech titans deploy artificial intelligence, with data privacy, deep fake content and mass layoffs being viewed as growing ESG risks.

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