The displacement series has mostly recorded juniors. This is the top of the skill distribution reacting.
Development
A hedge fund founder describes going home depressed by what he saw
Claim
Citadel's Ken Griffin described a step change in which doctoral-level financial work that once took years is now done by agents in hours or days, and admitted he went home one Friday fairly depressed by what he had witnessed.
Reporting date: (not necessarily the event date)
Sources
Attribution and reporting linked by this record; links do not imply independent verification.
- Welcome to May 17, 2026 (theinnermostloop.substack.com)
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