Paul Tudor Jones Fears AI Job Losses Will Worsen Social Division

Paul Tudor Jones said he’s concerned about potential societal fallout from artificial intelligence-driven job losses and urged politicians to consider how to best regulate the technology.

Jones, who founded the $16 billion macro hedge fund Tudor Investment Corp., said that technology-driven productivity gains have in recent decades overwhelmingly favored the rich and contributed to societal division. Job losses due to AI could worsen that divide, he said in a Wednesday interview with Bloomberg TV.

Watch: Billionaire investor Paul Tudor Jones discusses the negatives of AI.

Jones added he’s concerned that “a Libertarian bent that has taken hold of this administration” could pose roadblocks to regulating the technology. A provision ...