Paul Tudor Jones, the billionaire hedge fund manager has raised concerns about the future of AI. Speaking at CNBC’s ‘Squawk Box’, Jones shared his insights from a tech conference he recently attended. Jones said that although AI can be a “force for good” in health and education, experts at the event warned that “AI clearly poses an imminent security threat in our lifetimes to humanity.” He further stated that during the conference, a breakout session included a panel of AI developers. All four panelists reportedly agreed with a statement that "there's a 10% chance in the next 20 years that AI will destroy 50% of humanity."
While Jones did not provide many details about their arguments, he mentioned concerns over "biohacking" and "weapons" as key risks linked to the rapid growth of AI technology.
Jones said these warnings show that AI needs to be handled carefully to avoid serious threats in the future.
Paul Tudor Jones on impact of Trump’s tariffs on stock market
During the appearance, Jones also talked about the impact of Trump’s tariff, stating that the U.S. trade war with China was past the point of no return. He suggested that the impact caused by tariffs announced by Trump could outlast him.
Estimating that stocks can hit new lows even if Trump backtracks from his aggressive tariffs, he said “It's pretty clear. You have Trump who's locked in on tariffs. You have the Fed who's locked in on not cutting rates. That's not good for the stock market”.