Citadel Securities’ Zhao Says AI Frees Humans for Bigger Tasks

Citadel Securities’s Zhao: Optimistic With AI Revolution
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Citadel Securities Chief Executive Officer Peng Zhao said he sees automation and artificial intelligence freeing workers for innovative pursuits, not replacing people in the workplace.

“I am personally very optimistic with the current AI revolution that we’re facing,” Zhao said Monday at the Milken Institute Global Conference in Beverly Hills, California. “Being liberated from the repetitive, mental laboring aspect of what we have to do as humans, that allows humans to focus upon the highest-value portion of planning.”