(Bloomberg View) -- Bridgewater, the world's largest hedge fund, has been portrayed as a bizarre, Moneyball-type machine in which employees' every move is monitored and assessed, increasingly by computer algorithms. Awful as that may sound, what if it's actually a step toward a happier and more prosperous world?
Granted, descriptions of the place -- including a recent Wall Street Journal article to which founder Ray Dalio has taken vociferous offense -- make it seem pretty dystopian. The firm, for example, amasses employee data to produce individual “Baseball Cards," with scores and ratings on dozens of attributes. That's great if the system turns you into a Honus Wagner card, but possibly demoralizing for anyone else.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access