Anthropic CEO Dario Amodei warns that AI might eliminate 50% of entry-level white-collar jobs in five years, prompting concern about workforce impacts. Concurrently, a report shows big tech firms have reduced new graduate hiring by 25%. However, billionaire Mark Cuban counters that technology often spurs change rather than outright loss. He notes past displacements, like secretaries, replaced by new job opportunities. Cuban emphasizes that AI will generate new roles and is essential for future workplace adaptation.
Someone needs to remind the CEO that at one point there were more than 2 million secretaries. There were also separate employees to do in-office dictation.
New companies with new jobs will come from AI and increase TOTAL employment.
Cuban noted that technology will continue to change how we work and what roles we will need in the future.
Advances in AI have already led big tech companies to reduce the hiring of new graduates, down 25% from 2023 to 2024.
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