Bridgewater CEO warns AI could disrupt US labor market

Bridgewater Associates, a leading global hedge fund, has warned that unregulated AI could displace nearly 20% of the U.S. labor market. CEO Nir Bar Dea made these remarks during an upcoming interview with David Rubenstein for 'The David Rubenstein Show: Peer to Peer Conversations,' set to air on October 28 in New York. The warning comes as the firm highlights the potential societal and economic impacts of rapid technological change. Bar Dea emphasized the need for proactive measures to mitigate the risks associated with AI adoption. The firm's concerns align with broader discussions about the future of work and the role of regulation in managing technological disruption. The interview is scheduled to take place ahead of year-end, underscoring the urgency of addressing these challenges.