Hannah Aaron Lang

So that's a part of what's going on today.

You have a few other factors as well.

There's concerns about conflict in the Middle East.

And then another really interesting thing that happened was this viral Substack post from Citrini Research, which outlined a scenario just a couple of years in the future where artificial intelligence has been

been successful.

And it's actually totally disrupted huge chunks of the economy.

The unemployment rate is really high.

So this post outlined what could be some really devastating consequences of artificial intelligence.

And that spooked investors.

Hey, listeners, it's Saturday, February 14th.

I'm Hannah Aaron Lang for The Wall Street Journal.

And this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them.

So let's get into it.

We got a pair of economic reports this past week on the jobs market and inflation.

More on that later in the show.

But first, concerns about the future for artificial intelligence rippled through markets this week, but not necessarily in the way you'd expect.

We've seen these periodic waves of AI jitters weigh on stocks for some time now.

Typically, the focus has been on the big tech companies leading the AI investing boom.

Amazon or Alphabet, for example.

And whether those quote-unquote hyperscalers are spending too much money trying to get ahead in the AI arms race.