Tech CEOs are divided on the impact of generative AI on the job market. While some, like Nvidia’s Jensen Huang, predict that AI will create more jobs than it replaces, others, such as Anthropic’s Dario Amodei, warn of massive unemployment.
Huang believes that every job will be affected by AI and that ignoring this technology could lead to significant job loss. However, he also predicts that 30-40 million workers could be put back in the workplace due to AI. He urges everyone to learn generative AI to increase global GDP.
In contrast, Amodei claims that half of all entry-level white-collar jobs will be eliminated within five years, leading to soaring unemployment levels. This prediction has sparked concerns among software engineers who have already felt the impact of AI’s ability to replace coders.
However, billionaire Mark Cuban disagrees with Amodei’s assessment. He believes that AI will enable job creation and increase total employment, citing examples like secretaries and in-office dictation employees.
The debate highlights the need for tech leaders to be honest about the implications of generative AI on the workforce. As AI continues to evolve, it is crucial to consider its potential impact on jobs and develop strategies to mitigate any negative effects.
Source: https://fortune.com/2025/05/29/billionaire-nvidia-ceo-jensen-huang-ai-replace-jobs-if-technology-not-embraced