{"id":618596,"date":"2025-12-07T20:11:22","date_gmt":"2025-12-07T20:11:22","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/618596\/"},"modified":"2025-12-07T20:11:22","modified_gmt":"2025-12-07T20:11:22","slug":"nicolai-tangen-even-if-ai-is-a-bad-bubble-its-allocating-capital-towards-change","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/618596\/","title":{"rendered":"Nicolai Tangen: \u2018Even if AI is a bad bubble, it\u2019s allocating capital towards change\u2019"},"content":{"rendered":"<p role=\"text\" tabindex=\"0\" class=\"is_Paragraph font_caslonIonic _dsp-inline _bxs-border-box _ww-break-word _mt-0px _mr-0px _mb-0px _ml-0px _ff-f-family _fw-f-weight-3048 _fs-f-size-18 _lh-f-lineHeigh3500605 _col-c-grey_600 _select-auto _ws-normal\">He is chief executive of Norges Bank Investment Management, referred to outside the country as \ufeffNorges\ufeff. In Norway, they call it Oljefondet \u2013 the oil fund. In 1969, Norway found oil in the North Sea. Lots of oil. In order to avoid corruption and share the wealth, the Norwegian government put the first 2bn Norwegian kroner \ufeff(equivalent to $310m at the time in 1996) of oil and gas revenues into a sovereign wealth fund. Today, it\u2019s worth $2.1tn \ufeffand owns shares in nearly 9,000 companies, a stakeholder in business everywhere.<\/p>\n","protected":false},"excerpt":{"rendered":"He is chief executive of Norges Bank Investment Management, referred to outside the country as \ufeffNorges\ufeff. In Norway,&hellip;\n","protected":false},"author":2,"featured_media":618597,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3163],"tags":[323,1942,51,1115,53,16,15],"class_list":{"0":"post-618596","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-business","11":"tag-norway","12":"tag-technology","13":"tag-uk","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115680109192101193","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/618596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=618596"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/618596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/618597"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=618596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=618596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=618596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}