Dan Loeb, the founding father of New York-based hedge fund Third Point, says he underestimated how rapidly AI would disrupt some companies.
Talking on Thursday’s episode of the “Invest Like The Best” podcast, Loeb mentioned whereas Third Level had made profitable bets towards some firms affected by AI, the agency additionally misjudged AI’s means to upend elements of the promote it had anticipated to be extra resilient.
“However the place we have made the error is that, we’re controversial, however we thought we knew higher that AI wasn’t actually going to, you understand, have an effect on this a part of the infoservices enterprise or these guys had proprietary data,” Loeb mentioned, including that this has been a key “funding lesson” over the previous yr.
A method he is serving to his staff take care of the uncertainty round AI is by encouraging them to make use of it firsthand, Loeb mentioned.
“Yeah, I imply, initially, all of us have to only, you understand, begin utilizing it. The one method to get good at that is simply to make use of it,” Loeb mentioned.
He added that workers at his agency have various ranges of technical experience and expertise.
“We now have consultants that we’ve got introduced on which are native pc scientists which are type of coming at this as knowledgeable AI people who find themselves engaged on particular tasks. They’re teaching the staff, however we’re additionally encouraging everybody to make use of AI and discover as many purposes,” he mentioned.
He mentioned the push to undertake AI displays a wider effort to assist workers continue to learn and adapting.
“You understand, I am obsessive about continuous enchancment each at particular person stage and organizationally,” Loeb mentioned.
He pointed to Anthropic’s Claude as a software that rewards effort and might help workers enhance themselves.
“It makes you very autonomous and like, your means is form of like, it’s going to offer you again no matter you place into it, for those who put quite a lot of time and power and energy into it,” he mentioned.
As a part of encouraging his staff to embrace AI, Loeb mentioned workers recurrently alternate greatest practices and share how they’re placing the know-how to make use of.
“You understand, some persons are operating brokers in a single day and utilizing tons and tons of tokens. Different persons are in all probability extra like me, simply utilizing it extra for queries and issues, however you understand, we’re all very concerned with it,” he mentioned.
Many different firms are additionally pushing workers to experiment with AI tools.
In July 2025, Enterprise Insider’s Ashley Stewart reported that Microsoft was contemplating incorporating AI utilization into employee evaluations.
“AI is now a elementary a part of how we work,” Julia Liuson, who oversees the Microsoft division answerable for developer instruments, wrote in an inner e mail. “Identical to collaboration, data-driven pondering, and efficient communication, utilizing AI is not elective — it is core to each function and each stage.”
In August 2025, Coinbase CEO Brian Armstrong mentioned he fired some workers who resisted the corporate’s push to make use of AI.
“I went rogue,” Armstrong mentioned.
