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This morning, an AI generated image of an explosion at the US Pentagon surfaced.

With multiple news sources reporting it as real, the S&P 500 fell 30 points in minutes.

This resulted in a $500 billion market cap swing on a fake image.

It then rebounded once the image was… pic.twitter.com/DpHgflkMXP

— The Kobeissi Letter (@KobeissiLetter) May 22, 2023
2023-05-22
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