Citadel, Bridgewater and Man Group use AI to improve processes but worry about malicious bots and "cognitive surrender" Oct 28, 2026, 05:57 AM [Original] Investment institutions are introducing AI agents to assist research and processes. However, due to security, regulatory risks and the need to maintain human cognitive judgment, their autonomy is limited. AI is positioned as an auxiliary tool rather than the decision-making subject, because the nature of the market still depends on human behavior. * Leaders from Citadel, Bridgewater Associates and Man Group spoke on Tuesday about how their companies are using AI. * These executives said security concerns and other risks limit the autonomy they give agents. * They agreed that AI itself is not an investment advantage: "At the end of the day, markets are driven by people." Some investment teams at Citadel have built their own replica versions of AI agents that can conduct research independently. Bridgewater's most advanced AIA Labs is "pouring" its refined research and processes into other parts of the organization. Man Group is trying to let employees "do more interesting things" and less burdensome work. Executives from these three investment giants spent a lot of time on Tuesday at a conference hosted by Bloomberg in New York discussing how their companies are developing top-tier AI processes and finding time-saving use cases. But no one is ready to hand the organization entirely over to machines, and even if it becomes possible in the future, they do not expect to do so in the short term. First, letting agents operate uncontrolled outside the company's four walls raises concerns. Aaron Linksy, a partner at the Connecticut hedge fund, said agents cannot be trusted not to "put Bridgewater at risk," which is an "unsolved problem"; he helped found the AIA team. Citadel's Andrew Janian also said the company spends a lot of time ensuring agents' "sandbox" does not allow them to leave; he rejoined the company this year as the organization's acting chief technology officer. In addition to the security and regulatory risks posed by out-of-control agents, panelists also made clear that AI itself is not an investment advantage. Janian said that fundamental investment teams with AI assistants should use the technology to help prepare for meetings or challenge their own ideas, rather than writing investment theses. Man Group chief investment officer Greg Bond lamented that those who hand all their work over to this technology and shift into autopilot have already experienced "cognitive surrender." He said he hopes PowerPoint presentations will gradually be eliminated, and meetings will focus more on "getting everyone in the same room to talk." "Let's get back to human-to-human interaction," said Bond, who once headed a quantitative unit at Man Group. "These systems are designed by humans, and at the end of the day, markets are driven by humans." This article was initially drafted by Business Insider TW with AI-assisted translation and confirmed through manual review.

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