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Citadel's Ken Griffin Says AI Is 'Almost Certainly' in a Bubble

Griffin said AI is transforming research and trading, but warned some jobs will be made obsolete and called for more worker retraining.

  • Ken Griffin, founder of the $77 billion hedge fund Citadel and market maker Citadel Securities, warned on Tuesday that artificial intelligence will make once-stable, well-paid jobs like translators obsolete.
  • Despite the "tremendous" advancement of models, Griffin said in New York that producing market-beating returns remains "squarely in the domain of humans." He argued the core business is research.
  • Citadel provided stock pickers with assistants late last year "to further accelerate their research process," though Griffin warned against "offloading human judgment" to the technology.
  • As a business owner, Griffin noted that artificial intelligence is frightening because "you're seeing your competitive moats being filled in by bulldozers," forcing established companies to innovate faster than ever.
  • Predicting a "golden age" for entrepreneurs, Griffin added that the country should embrace "reskilling" for those at risk as barriers to starting small businesses fall.
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Citadel founder Ken Griffin said investors are "almost certainly" in the midst of an artificial intelligence bubble, while most companies are still struggling to extract real value from AI technology, Bloomberg reported.

·Budapest, Hungary
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(Seoul = Yonhap News) Reporter Lee Seong-han = Billionaire hedge fund mogul Ken Griffin, CEO of Citadel, said on the 20th (local time) that investors are currently 'almost certain...

·Seoul, Korea (the Republic of)
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BITRSS broke the news on Tuesday, October 20, 2026.
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