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ShortsMay 17, 2026

Billionaire Hedge Fund Boss Shaken By AI Progress

What happened

Ken Griffin runs Citadel, one of the most successful investment firms on the planet. He recently said that complex financial analysis which used to take a team of PhD-level experts months or years to complete is now being done by AI in hours or days. He said he went home one Friday feeling genuinely depressed by what he'd seen.

Why it matters

The context behind the story.

This isn't about AI replacing checkout workers or call center staff. Griffin is talking about some of the highest-paid, most specialized work in the world being automated. When the people at the very top of the financial world are shaken by what AI can do, it's a signal that this wave is moving faster and higher than most people expected.

Takeaway

When a billionaire hedge fund manager goes home depressed about AI, the rest of us probably should not be sleeping on this.

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