Elon Musk Amplifies Citadel CEO’s Stanford Warning: AI Is After PhD Jobs Now
Elon Musk shared a video clip warning that AI now replaces high-skilled finance jobs. The speaker, Citadel CEO Ken Griffin, mentioned agentic methods do PhD-level work in hours.
Griffin made the remarks at Stanford University. He mentioned the AI toolkit has develop into profoundly extra highly effective in simply 9 months, prompting concern about its affect on extremely expert professions.
Citadel’s AI Awakening
Griffin, a longtime AI skeptic, admitted the know-how has modified how his hedge fund operates internally. He mentioned work often accomplished by grasp’s and PhD holders over weeks or months now takes hours or days.
Follow us on X to get the most recent information because it occurs
The Citadel chief informed Stanford college students he went house one Friday “pretty depressed” by the change. He mentioned witnessing it inside his personal agency marked his first sense of actual AI affect at scale.
“These aren’t mid-tier white-collar jobs. These are terribly high-skilled jobs being automated by agentic AI,” mentioned Ken Griffin, CEO of Citadel.
Historically, Citadel has employed tons of of quantitative researchers from high arithmetic and physics applications. Griffin’s feedback recommend AI is now competing for that elite expertise pool straight.
The Wider Workforce Story
Citadel’s expertise tracks a broader 2026 pattern. Tech employers cited AI because the set off behind hundreds of layoffs this yr, with agentic systems accounting for a rising share of cuts.
Musk himself has lengthy argued AI will eliminate most paid work over time. However, not each analyst agrees on the timing.
A current a16z assessment of 4 main research discovered AI shouldn’t be killing jobs at scale but. Displacement stays concentrated in slender duties fairly than full occupations throughout the broader financial system.
Crypto-native corporations have nonetheless constructed product roadmaps round agents that commerce and settle straight. Coinbase, Microsoft, and different massive employers body current cuts as a pivot towards smaller, AI-augmented groups.
Whether Griffin’s Friday despair spreads throughout the finance business will hinge on how sturdy the current productiveness leap proves by means of year-end. Earnings calls within the coming quarter may reveal which corporations quantify their AI-driven value cuts.
Investors will even be watching whether or not Citadel itself publicly particulars how a lot capability it has freed up by handing PhD-level work to brokers.
The put up Elon Musk Amplifies Citadel CEO’s Stanford Warning: AI Is After PhD Jobs Now appeared first on BeInCrypto.