Billionaire Steve Cohen Foresees AI-Driven Four-Day Workweek

What Happened:

Hedge-fund billionaire Steve Cohen predicts a future four-day workweek due to increased adoption of artificial intelligence. He believes that AI will boost leisure time and expects a rise in golf rounds as a result.

Key Takeaways:

• Steve Cohen foresees a four-day workweek thanks to the growing influence of AI.
• He invested in golf, expecting increased leisure time to drive up golf participation.
• Cohen predicts a shift towards more leisure, travel, and experiences due to reduced working hours.

Analysis:

Cohen's belief in a four-day workweek reflects the impact of technology on work-life balance and leisure activities. His investments are aligned with his forecast for increased leisure time.

Do You Know?

• Artificial intelligence (AI) is expected to play a significant role in the future workforce, potentially leading to reduced working hours and increased leisure time.