Rohan Paul (@rohanpaul_ai) · 2026/10/23 14:10:04
美公共养老金重仓 AI 股，监管与利益冲突加剧
美国大型公共养老金自 2022 年底以来从 AI 股票获得 1380 亿美元账面收益，AI 相关持仓占比升至 27%。然而，负责管理这些基金的政客正推动限制数据中心建设等反 AI 政策，形成显著的“左手监管、右手获利”的利益冲突局面。
报道全文原始报道全文
Rohan Paul (@rohanpaul_ai) · 2026-10-23 06
WSJ: America’s public pensions now depend on the AI industry that the politicians who run them are turning against.
13 large US public pensions booked $138B in paper gains from AI stocks since late 2022.
Those 15 stocks, including hyperscalers and chipmakers, made up 27% of the funds’ domestic equity in June, up from 12% when ChatGPT launched.
That concentration drove roughly 57% of their US stock gains, without counting AI exposure through foreign shares, private equity or private debt.
New York paused new data centers while its retirement fund’s AI holdings kept climbing. Pennsylvania’s treasurer fights data-center growth while overseeing a pension holding billions in AI assets. California union leaders want pension managers to weigh AI’s harm to workers while the state’s 500M. New York’s comptroller pressed tech firms over residents’ power, land and water fears while overseeing a fund profiting from those firms.
