"The role of many remaining humans at the firm wouldn't be to make individual choices but to design the criteria by which the system makes decisions, intervening when something isn't working," wrote the Journal, which spoke to five former and current employees. The firm, which manages $160bn, created the team of programmers specializing in analytics and artificial intelligence, dubbed the Systematized Intelligence Lab, in early 2015. The unit is headed up by David Ferrucci, who previously led IBM's development of Watson, the supercomputer that beat humans at Jeopardy! in 2011.

The world's largest hedge fund is building a piece of software to automate the day-to-day management of the firm, including hiring, firing and other strategic decision-making. Bridgewater Associates has a team of software engineers working on the project at the request of billionaire founder Ray Dalio, who wants to ensure the company can run according to his vision even when he's not there, the Wall Street Journal reported. "The role of many remaining humans at the firm wouldn't be to make individual choices but to design the criteria by which the system makes decisions, intervening when something isn't working," wrote the Journal, which spoke to five former and current employees. The firm, which manages $160bn, created the team of programmers specializing in analytics and artificial intelligence, dubbed the Systematized Intelligence Lab, in early 2015. The unit is headed up by David Ferrucci, who previously led IBM's development of Watson, the supercomputer that beat humans at Jeopardy! in 2011.

The world's largest hedge fund is building a piece of software to automate the day-to-day management of the firm, including hiring, firing and other strategic decision-making. Bridgewater Associates has a team of software engineers working on the project at the request of billionaire founder Ray Dalio, who wants to ensure the company can run according to his vision even when he's not there, the Wall Street Journal reported. "The role of many remaining humans at the firm wouldn't be to make individual choices but to design the criteria by which the system makes decisions, intervening when something isn't working," wrote the Journal, which spoke to five former and current employees.

The world's largest hedge fund is building a piece of software to automate the day-to-day management of the firm, including hiring, firing and other strategic decision-making. Bridgewater Associates has a team of software engineers working on the project at the request of billionaire founder Ray Dalio, who wants to ensure the company can run according to his vision even when he's not there, the Wall Street Journal reported. "The role of many remaining humans at the firm wouldn't be to make individual choices but to design the criteria by which the system makes decisions, intervening when something isn't working," wrote the Journal, which spoke to five former and current employees. The firm, which manages $160bn, created the team of programmers specializing in analytics and artificial intelligence, dubbed the Systematized Intelligence Lab, in early 2015. The unit is headed up by David Ferrucci, who previously led IBM's development of Watson, the supercomputer that beat humans at Jeopardy! in 2011.

Much has been said about how artificial intelligence (AI) will replace many blue collar and white collar jobs. Could AI also replace many levels of management all the way up to the C-suite? Artificial Intelligence (AI) and "robotization," is exerting a slow but continuous degradation on the value and availability of work--in the form of wages and the number of adult workers with full-time jobs. The widespread disappearance of jobs would usher in a social transformation unlike anything we've ever experience or imagined. The issue won't be saving jobs, it will be saving or recasting the concept of work, (which has become a religion in its own right). Some aspects of the future world of work are already present.