AI is contributing to the implementation of a 4-day work week, as stated by Steve Cohen.
Steve Cohen, billionaire financier and Mets owner, believes a four-day work week could soon become standard, which has also influenced his 2023 investment in golf startup league TGL.
Cohen stated on "Squawk Box" on Wednesday that he believes he would have made the golf investment regardless, as he has a long-term perspective, but he also thinks a four-day work week is imminent.
As Cohen stated, the growing influence of artificial intelligence may lead to a shorter workweek and lower productivity levels on Fridays.
Cohen Private Ventures, the family office of Cohen, purchased the rights to the New York Team in the new primetime, high-tech golf league. Reports suggest that Cohen is currently in discussions to also invest in the PGA Tour.
Although he is uncertain about the exact date of the shift, he believes that a four-day work week is imminent.
Cohen stated that it is inevitable that people will have more leisure time, resulting in an increase in golf rounds, interest, and crowded courses.
He assured that if the markets are open on Fridays, he does not plan to allow his traders to have the day off.
"I believe that most individuals will eventually have the chance to enjoy a three-game weekend, despite forgetting about us."
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