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Giant hedge fund Elliott Associates has some ideas on how to answer one of the questions of our time Reuters/ Steve Marcus What should be done to help those whose jobs are made redundant by technology? We just got our hands on a letter to investors from Elliott Associates, the nearly $30 billion hedge fund founded by Paul Singer, and it has some suggestions. The letter says technology offers huge promise for the developing world; however, it says the benefits are less clear for the developed world. From the note: "It is societies which already have a lot of infrastructure in place (mainly devel...
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