‘I just want out’: Why Jeffrey Gundlach is moving his money as far from AI as possible — and what he’s doing instead

Jeffrey Gundlach, the head of DoubleLine Capital, is wary of the AI boom, expressing concerns about its future and how it might impact portfolios. Instead of investing in AI, he's shifting funds to more traditional, safer areas. This move highlights broader worries about the sustainability and risks associated with the AI sector, suggesting that some top investors believe it may be overhyped or prone to significant volatility. Gundlach's strategy underscores a broader trend among high-profile investors reassessing their portfolios in light of rapidly evolving tech trends.