At this small buyout firm, talking about AI for cost-cutting is off-limits

At this small buyout firm, talking about AI for cost-cutting is off-limits

Ryan Peddycord, CEO of Tide RockTide RockMuch of the AI-discussion, both hopes and fears, centers on efficiency and cost-cutting.At buyout firm Tide Rock, there's a "mandate" to not use AI resources to cut costs, says its CEO.Ryan Peddycord walked Business Insider through how the firm uses AI to grow businesses.Most fears and hopes surrounding AI center on its ability to save on labor costs. Whether it's Jamie Dimon predicting a three-and-a-half…