World’s largest hedge fund to replace managers with artificial intelligence

Bridgewater Associates has a team of engineers working on a project to automate decision-making to save time and eliminate human emotional volatility

The world's largest hedge fund is building a piece of software to automate the day-to-day management of the firm, including hiring, firing and other strategic decision-making.

Bridgewater Associates has a team of software engineers working on the project at the request of billionaire founder Ray Dalio, who wants to ensure the company can run according to his vision even when he's not there, the Wall Street Journal reported.