AI Disruption Fears Trigger Global Stock Market Selloff

Asian markets followed Wall Street lower on Friday as growing fears that artificial intelligence could disrupt traditional business models triggered a global technology selloff.The Nasdaq fell 2 percent after Cisco Systems lost $40B in market value, while Apple shares experienced their sharpest decline since the "Liberation Day" event involving Donald Trump.Financial experts like Jack Herr and Chris Weston noted that investors are shifting toward defensive sectors as they reassess the risks of the $650B planned AI investment by major firms.