Paul Tudor Jones speaks on stage at the 2024 Robin Hood Benefit at the Jacob Javits Center on May 13, 2024 in New York City.
Kevin Kane Getty Images
Billionaire hedge fund manager Paul Tudor Jones issued a warning Thursday, claiming the United States is lagging behind when it comes to regulating artificial intelligence.
“We have to do it tomorrow,” he told CNBC’s “Squawk Box” Thursday. “It’s too late. I should have done it already.”
Jones said governments need to watermark AI to distinguish between real content and deepfakes. While raising these concerns, Jones also told CNBC that he has recently bought more AI stocks.
As the technology becomes more sophisticated, experts are increasingly concerned about the dangers of AI.
At a recent conference with AI experts and modelers, Jones said 80% of participants supported AI regulation, up from about 20% last year. The leader of one of those companies said he was surprised the industry was still unregulated, Jones added.
Lawmakers and experts have long advocated for regulations to alleviate safety, privacy, and security concerns associated with this nascent technology.
The European Union passed an AI law in 2024. Some states in the United States have also passed or introduced their own laws, many of which target child safety. The White House announced a national AI policy framework in March.
At the same time, the United States is engaged in intense competition with China to produce the best AI models and strategies. The Wall Street Journal reported this week that the two countries are considering formal talks on AI during an upcoming meeting between President Trump and China’s Xi Jinping.
“Everyone wants what’s best for their people,” Jones said, adding that he doesn’t think China wants to “wipe out” the United States, adding, “We should have a conversation with China about the safety of AI.”
