Artificial Intelligence Replacing Management at World's Largest Hedge Fund

Various estimates suggest the American employment mill could shrink by 30% by the year 2025. The United Nations' assessment is even grimmer. They project two-thirds of the human workforce will be replaced in the next decade. Usually, the major sectors included in these loss reports are manufacturing, retail, and blue collar jobs. However, a new analysis suggests white collar jobs are not immune, and now the world's largest hedge fund is replacing its managers with artificial intelligence. The firm Bridgewater Associates, which manages $160 billion worth of assets, tasked a team of its engineers with creating AI software that can automate decision-making and eliminate emotion from financial analysis.