WSJ：美国公共养老金重仓 AI 股，13 只基金两年浮盈 1380 亿美元
华尔街日报挖了个挺有意思的矛盾：监管 AI 最狠的那批政客，管着的养老金恰恰靠 AI 股赚翻，数据很扎实。
华尔街日报报道，13 个美国大型公共养老金自 2022 年底以来从 AI 股票获得约 1380 亿美元账面收益。截至 6 月，15 只股票（含超大规模云厂商和芯片制造商）占这些基金国内股票持仓的 27%，高于 ChatGPT 发布时的 12%。这一集中持仓贡献了约 57% 的美股收益，尚未计入通过外国股票、私募股权和私募债的敞口。报道同时指出政策矛盾：纽约州暂停新建数据中心，加州 6500 亿美元基金向数据中心供应商投入 5 亿美元，而工会领袖要求评估 AI 对工人的冲击。
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 $650B fund backs data-center providers with $500M. > New York’s comptroller pressed tech firms over residents’ power, land and water fears while overseeing a fund profiting from those firms.
