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Fears of AI doom emerge at CalPERS board as pension fund rides high on tech investments

Summary by Palo Alto Online
This story was originally published by CalMatters. Sign up for their newsletters. California pension funds are doing well this year in no small part because of the still-booming stock market and stratospheric valuations of artificial intelligence companies. But an unsettling question emerged at this week’s board meeting for the California Public Employees’ Retirement System: What […]

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Cal MattersCal Matters
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Fears of AI doom emerge at CalPERS board as pension fund rides high on tech investments

The resignation of Anthropic researcher over his concerns about artificial intelligence companies "gambling with our lives" led to a discussion about the technology's risk at California's largest pension fund.

·Sacramento, United States
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  • 75% of the sources lean Left
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Cal Matters broke the news in Sacramento, United States on Monday, September 14, 2026.
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