AI will create ‘largest displacement of human labor in the history of capitalism,’ says tech-focused hedge fund CEO. ‘A lot of people will feel left out’

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For those worried about artificial intelligence replacing human workers in the years ahead, recent comments by a prominent technology investor will not assuage their anxiety.

“AI is going to be the largest displacement of human labor in the history of capitalism,” said Brad Gerstner, founder and CEO of investment firm Altimeter Capital, on a Monday episode of the Art of Investing podcast. “There’s gonna be a lot of disruption that will cause a lot of anger. A lot of people will feel left out of the system.”