Two Sigma Co-Founder Discusses Corporate Use of AI
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On 5 November 2026, Ming Pao Daily Economic Report reported that David Siegel, co-founder and co-chairman of hedge fund Two Sigma, said companies are conducting extensive experiments on how to apply AI, but it takes time for AI to change a company's operations and then deliver actual profit results. He believes that as a new technology, large language models should not be expected to change a company's business in the short term. The report did not mention specific corporate cases, timetables or financial data.
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- 明報·每日經濟Two Sigma Co-Founder: It Takes Time for Firms' Mass AI Experiments to Deliver Real Profit
David Siegel, co-founder and co-chairman of hedge fund Two Sigma, said companies are conducting extensive experiments on how to apply AI, but it takes time for AI to change how a company operates and then deliver real profit results. He believes that as a new technology, large language models cannot realistically be expected to transform a company's business in the short term.
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