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02.10.26 - 01:49
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Bridgewater CEO Warns Unregulated AI Could Trigger ′Societal Breakdown′ - Even As The Firm Profits From It (ZeroHedge)
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Bridgewater CEO Warns Unregulated AI Could Trigger 'Societal Breakdown' - Even As The Firm Profits From It
Artificial intelligence could displace nearly one-fifth of the US labor market, threatening profound societal disruption if left unregulated, according to Bridgewater Associates CEO Nir Bar Dea. Speaking on an upcoming episode of The David Rubenstein Show: Peer-to-Peer Conversations, Bar Dea projected an 18% labor dislocation rate, noting that a technology capable of radically improving the world carries equally severe downside risks.
Nir Bar Dea Photographer: Zak Bennett/BloombergThe stark warning aligns Bar Dea with other prominent financial executives sounding the alarm on rapid technological upheaval. Bridgewater Managing Co-Chief Investment Officer Greg Jensen - an early backer of OpenAI and Anthropic - has likened the current public underestimation of AI to the early, dismissive days of the Covid-19 pandemic. Similarly, billionaire investor Paul Tudor Jones recently characterized ...
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30.09.26 - 15:48
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AI Could Lead to Societal Breakdown, Says Bridgewater CEO (Bloomberg)
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Bridgewater Associates, one of the world's largest hedge funds, projects AI could dislocate almost one-fifth of the US labor market if it's not regulated and if society fails to prepare for the technological upheaval. CEO Nir Bar Dea speaks with David Rubenstein for an upcoming episode of "The David Rubenstein Show: Peer to Peer Conversations," airing Oct. 28 at 9 p.m. in New York. (Source: Bloomberg)...
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