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CEOs are betting AI will augment work rather than displace all ... - CNBC
Jack Clark, co-founder of Anthropic, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Monday, April 13, 2026. Samuel Corum | Bloomberg | Getty ImagesThe effect artificial intelligence will have on the labor market has left workers and job seekers alike worried about their future. Top executives, however, are optimistic that the technology can continue to augment workloads rather than entirely displace human employees.The debate over the future of work even extends inside the corridors of a major AI provider.Speaking Monday at the Semafor World Economy conference in Washington, D.C., Anthropic co-founder Jack Clark dismissed Anthropic CEO Dario Amodei's argument that AI could drive the unemployment rate as high as 20% in the next five years. Clark has previously said that accepting such high joblessness is almost a policy "choice," given that any potential collapse in the job market would take time to play out and is a challenge that can be met by society."I think that the aspect of this, which is a choice is, if we're correct, this technology really is going to change the world in a vast way," Clark said on stage at the conference. "It will change how business is done, ... aspects of national security, how we even relate to one another as people. And it's impossible to reconcile that with a world where the economy doesn't change in substantial ways as well." Disruption fearsAnthropic has been at the center of AI disruption fears in the stock market, resulting in a bloodbath for software companies, which investors suddenly see as vulnerable to technological obsolescence in a world moving toward agentic systems that take actions with minimal human oversight. The iShares Expanded Tech-Software Sector ETF (IGV) is in a bear market, after plunging more than 30% from its high last September.Those changes will force a reworking in how employees meet the labor market, with Clark noting that he sees some weakness in early graduate employment in some industries. Clark leads The Anthropic Institute, a 30-person think tank studying AI's effects on the workplace. Clark said college students entering the job market today have to understand how to analyze and connect information across many disparate disciplines. He is less enthusiastic about students building what he called rote programming skills."What AI allows us to do is it allows you to have access to sort of an arbitrary amoun...
Tech Companies Are Using AI As 'Excuse' To Layoff Workers, CEO Says
The CEO of an AI company has said he thinks the leaders of other tech companies are using artificial intelligence as an "excuse" to layoff workers and that fears the new technology will lead ...
AI's Predicted to Cut 30% of White Collar Jobs; AI CEO Responses: Let ...
It's the "Let Them Eat Cake" moment of the AI revolution. And it is rampant. Consider this. ServiceNow's CEO is predicting unemployment could exceed 30%.
AI is going around IT and CIOs know it - Digital Journal
The data showed three quarters of CEOs believe their IT function is currently in firefighting mode. For CIOs trying to earn the mandate to lead on AI, that perception is the first obstacle.
