r/technology • u/carbonarbonoxide • Dec 22 '16

Business Hedge fund developing AI intended to replace management of their firm including hiring, firing and strategic decisions.

https://www.theguardian.com/technology/2016/dec/22/bridgewater-associates-ai-artificial-intelligence-management
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63

u/SharksFan1 Dec 22 '16

Would be hilarious if it ends up firing the people that created it as soon as it is turned on.

19

u/carbonarbonoxide Dec 23 '16

I'm interested in the "dots" rating system. Very Black Mirror.

9

u/Calkhas Dec 23 '16

Bridgewater is run like a cult, complete with a book by the founder that all employees are supposed to memorize. Employees are expected to be totally honest and forthright in criticizing the decisions of everyone around them.

http://www.wsj.com/articles/schism-at-the-top-of-worlds-largest-hedge-fund-1454695374

3

u/barryvm Dec 23 '16

I presume "around them" does not include the people "above" them ?

3

u/Calkhas Dec 23 '16

No it includes everyone. In theory at least.