Ken Griffin says generative AI isn't helping hedge funds outperform market: Report

All right, welcome back everybody. Billionaire Ken Griffin says that AI is not currently helping hedge funds beat the market. According to a Bloomberg report, Griffin told the JP Morgan Robin Hood investors conference that generative AI is helping workers be more productive.But in his words, for uncovering alpha, it just falls short. The report says that Griffin told the gathering AI hasn't replaced in-depth research at his firm Citadel. If you look at it, AI studies have sh or studies have shown that AI is ...