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Bridgewater CEO Warns Unregulated AI Could Trigger 'Societal Breakdown' - Even As The Firm Profits From It
Bridgewater CEO Warns Unregulated AI Could Trigger 'Societal Breakdown' - Even As The Firm Profits From It
Artificial intelligence could displace nearly one-fifth of the US labor market, threatening profound societal disruption if left unregulated, according to Bridgewater Associates CEO Nir Bar Dea. Speaking on an upcoming episode of The David Rubenstein Show: Peer-to-Peer Conversations, Bar Dea projected an 18% labor dislocation rate, noting that a technology capable of radically improving the world carries equally severe downside risks.
Nir Bar Dea Photographer: Zak Bennett/BloombergThe stark warning aligns Bar Dea with other...
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By Tsvetana Parskova of OilPrice.com
Crude cargo arrivals in Asia from the Middle East could accelerate in the coming weeks as more than 60 million barrels of oil stuck in the Persian Gulf prepare to exit the Strait of Hormuz and head to Asian markets once the chokepoint reopens to traffic.
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The White House is moving to use nearly all of the remaining $400 million in military aid Congress appropriated for Ukraine before the funds expire at the end of the fiscal year on September 30. Reuters reports, citing sources, that the White House has already used $307 million of the $400 million Congress appropriated for […]
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Apr 9, 2026 / Tyler Durden
"That Is Not The Agreement We Have!" President Trump Slams Aya-TOLL-Ah Charging Fees For Hormuz Transit
"That Is Not The Agreement We Have!" President Trump Slams Aya-TOLL-Ah Charging Fees For Hormuz Transit
Summary:
Bibi says pursuing Lebanon ceasefire after reports of Trump pressure. Over 250 killed and 1,000+ wounded in Lebanon from Wednesday surprise attack by Israel's military. UAE, Pakistan, and even EU (Kallas) condemn.
Trump 'optimistic' a deal within reach (NBC). WH confirms Vice President Vance will lead Kushner-Witkoff delegation in Pakistan, seen as positive in Tehran and Islamabad.
Trump warns of more military action if Iran doesn't uphold 'real' ceasefire deal, after disagreement over Lebanon truce status...
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