Billionaire Paul Tudor Jones Warns of ‘Unprecendented Social Upheaval,’ Stock and Bond Market Crash Amid Rise of AI

Billionaire investor Paul Tudor Jones says the rise of artificial intelligence (AI) may cause more collateral damage than anyone is expecting. In a new op-ed for Time , Jones says that while we can celebrate technological progress, there should also be consideration, or even “vigorous debate,” of the societal cost of game-changing technologies like AI. The Tudor Investment Corporation founder references a recent warning from Dario Amodei, CEO of Anthropic, who said AI could eliminate about half of all entry level white collar jobs in the next one to five years. Even if Amodei is only half correct, Jones says...