Wall Street mogul Paul Tudor Jones: U.S. stocks are still very likely to hit new lows, AI threatens survival

On Tuesday, billionaire hedge fund manager Paul Tudor Jones expressed a pessimistic view. He stated that even if U.S. President Trump eases tariff policies, the U.S. stock market is still likely to hit new lows:To me, it's clear. Trump is firm on tariffs, and the Federal Reserve is sticking to its guns on not lowering interest rates. This is not good news for the stock market.Trump's tariff policies triggered a global market shock in April, causing a significant drop in U.S. stocks. Although most of the losses have been recovered, there is still a considerable distance from historical highs.Paul Tudor Jones expects that Trump may lower the tariff rates. However, even so, this would still represent the largest tax increase since the 1960s. This could reduce economic growth rates by 2% to 3%.Paul Tudor Jones believes that, in the context of a continuously deteriorating macroeconomic situation, the U.S. stock market has not yet bottomed out. The Federal Reserve has maintained the key overnight lending rate in the range of 4.25% to 4.5% since last December. Fed Chairman Powell has stated that policymakers will wait for clearer signals before making decisions regarding trade policy impacts.Paul Tudor Jones stated:Unless the Federal Reserve takes a very dovish stance and significantly lowers interest rates, the U.S. stock market is likely to fall to new lows. Once new lows are reached, the difficult times will begin, which may prompt action from the Federal Reserve and from Trump, and only then might we return to some form of reality.On the same day, Paul Tudor Jones also expressed increasing concern about the dangers posed by artificial intelligence and warned that these risks are not limited to impacts on the stock market and the economy.He stated that after attending a conference on AI and listening to experts discuss the pros and cons of this emerging technology, he views AI as a "survival threat":What disturbs me the most is that AI clearly poses an imminent security threat to humanity within our lifetime. This really shocks me.Paul Tudor Jones agreed with the view that there is a 10% chance AI could lead to the death of half the global population within the next 20 years. He also mentioned that a recent podcast discussion between Musk and Joe Rogan influenced his views on AI.Paul Tudor Jones pointed out that addressing the threats posed by AI requires companies to increase investments in safety and for new government regulatory measures to be implemented:President Trump must get involved.I am not a technology expert. But I have spent my life managing risks. I have extensive experience in macro risk management. Now we must realize that those in the AI field are already warning us: we are creating something very dangerous, which could certainly bring enormous benefits, but we are almost powerless against it.Paul Tudor Jones is not the only one warning about the potential risks of AI and calling for government interventionPaul Tudor Jones rose to fame for successfully predicting the stock market crash of 1987 and profiting from it. Over the years, his views have garnered significant attention from investors