Billionaire investor Steve Cohen joined CNBC's "Squawk Box" on Wednesday and predicted the four-day work week will become mainstream for the "vast majority" of people in the near future.
What Happened: In an interview at the 2024 Sohn Investment Conference this week, Cohen said he sees the advent of AI in the workplace enabling employers to institute shorter work weeks and allow longer weekends for employees due to increased productivity.
"My belief is a four-day work week is coming," Cohen said.
The Point72 founder advised that investors look for travel and leisure names ...