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Citadel CEO Calls AI Hype Overstated
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Citadel CEO Ken Griffin said at the World Economic Forum in Davos on Wednesday that the AI boom is driven as much by hype and spending pressure as by genuine productivity gains. He cited an estimated $500 billion in US data-center spending this year and warned that generative AI often fails deeper tests, urging cautious expectations about rapid white-collar job displacement.
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