Ken Griffin: AI Not Yet a Hedge Fund Game-Changer

Hedge fund titan Ken Griffin throws cold water on the AI hype, declaring it's not helping firms like Citadel beat the market. Griffin believes AI boosts productivity but can't replace human research in finding unique investment insights. While acknowledging tech upgrades are overdue, he suggests AI's impact is uneven across industries and won't lead to a robot takeover of finance jobs anytime soon. For Wall Street, AI remains more buzz than breakthrough, according to Griffin.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.