{"id":19566,"date":"2023-06-07T15:50:45","date_gmt":"2023-06-07T19:50:45","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/ai-community-is-making-a-terrible-mistake-in-hyping-the-tech-says-citadels-ken-griffin\/"},"modified":"2023-06-07T15:50:47","modified_gmt":"2023-06-07T19:50:47","slug":"ai-community-is-making-a-terrible-mistake-in-hyping-the-tech-says-citadels-ken-griffin","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=19566","title":{"rendered":"AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002147518\" role=\"document\">\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span>\u2018I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of generative AI. I think they\u2019re actually doing everybody a huge disservice with the level of hype they are creating.\u2019<span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span>\n      <\/p>\n<p>        <small><br \/>\n          <span class=\"inset-author article__inset__pullquote__author\">\u2014 Ken Griffin, founder and CEO, Citadel<\/span><br \/>\n        <\/small><\/p><\/div>\n<\/p><\/div>\n<p>That\u2019s Citadel CEO and founder Ken Griffin, who warned Tuesday that artificial-intelligence purveyors may regret the attention they\u2019re generating around the technology, CNBC reported. <\/p>\n<p>Speaking at an event for the hedge fund\u2019s new class of interns in Fort Lauderdale, Fla., Griffin said AI would be transformative someday but was still in its early stages, according to the report. Talk that AI will eliminate millions of white-collar jobs is premature, Griffin said. \u201cSome professions are accepting of errors, but you have to be really accurate in finance. You have to be really accurate as a lawyer.\u201d<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/ai-community-is-making-a-terrible-mistake-in-hyping-the-tech-says-citadels-ken-griffin-d25d5bbc?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201c\u2018I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of generative AI. I think they\u2019re actually doing everybody a huge disservice with the level of hype they are creating.\u2019\u201d \u2014 Ken Griffin, founder and CEO, Citadel That\u2019s Citadel CEO and founder Ken Griffin, who [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-19566","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u201c\u2018I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of generative AI. I think they\u2019re actually\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=19566\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u201c\u2018I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of generative AI. I think they\u2019re actually\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=19566\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-07T19:50:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-07T19:50:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1686167446_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=19566#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=19566\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin\",\"datePublished\":\"2023-06-07T19:50:45+00:00\",\"dateModified\":\"2023-06-07T19:50:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=19566\"},\"wordCount\":166,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=19566#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=19566\",\"url\":\"https:\/\/ifintechworld.com\/?p=19566\",\"name\":\"AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-06-07T19:50:45+00:00\",\"dateModified\":\"2023-06-07T19:50:47+00:00\",\"description\":\"\u201c\u2018I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of generative AI. I think they\u2019re actually\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=19566#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=19566\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=19566#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin | iFintechWorld","description":"\u201c\u2018I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of generative AI. I think they\u2019re actually","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=19566","og_locale":"en_US","og_type":"article","og_title":"AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin | iFintechWorld","og_description":"\u201c\u2018I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of generative AI. I think they\u2019re actually","og_url":"https:\/\/ifintechworld.com\/?p=19566","og_site_name":"iFintechWorld","article_published_time":"2023-06-07T19:50:45+00:00","article_modified_time":"2023-06-07T19:50:47+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1686167446_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=19566#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=19566"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin","datePublished":"2023-06-07T19:50:45+00:00","dateModified":"2023-06-07T19:50:47+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=19566"},"wordCount":166,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=19566#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=19566","url":"https:\/\/ifintechworld.com\/?p=19566","name":"AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-06-07T19:50:45+00:00","dateModified":"2023-06-07T19:50:47+00:00","description":"\u201c\u2018I do think the AI community is making a terrible mistake by being full of hype on the near-term implications of generative AI. I think they\u2019re actually","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=19566#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=19566"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=19566#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"AI community is \u2018making a terrible mistake\u2019 in hyping the tech, says Citadel\u2019s Ken Griffin"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/19566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19566"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/19566\/revisions"}],"predecessor-version":[{"id":19568,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/19566\/revisions\/19568"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/19567"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}