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AI community is ‘making a terrible mistake’ in hyping the tech, says Citadel’s Ken Griffin

‘I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of generative AI. I think they’re actually doing everybody a huge disservice with the level of hype they are creating.’


— Ken Griffin, founder and CEO, Citadel

That’s Citadel CEO and founder Ken Griffin, who warned Tuesday that artificial-intelligence purveyors may regret the attention they’re generating around the technology, CNBC reported.

Speaking at an event for the hedge fund’s new class of interns in Fort Lauderdale, Fla., Griffin said AI would be transformative someday but was still in its early stages, according to the report. Talk that AI will eliminate millions of white-collar jobs is premature, Griffin said. “Some professions are accepting of errors, but you have to be really accurate in finance. You have to be really accurate as a lawyer.”

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