Is AI Going to Create More Jobs?
AI in its current form is very much in its infancy, so it’s hard to say whether or not Cuban’s prediction will come true. As for the current situation, most research shows that jobs are, in fact, becoming more and more sparse as AI rolls out.
This week, Salesforce announced that AI was reducing engineering and customer service jobs. A recent study found that notably fewer entry level jobs are available on LinkedIn. The CEO of Foxconn admitted that AI is likely going to eliminate manufacturing jobs. And that’s just this week.
Still, as Cuban points out, he’s talking about the long term. Salesforce actually clarified and said that they plan to hire more salespeople as a result of the additional funds available from dialing back others.
Suffice to say, the evolution of AI is going to have a substantial impact on the economy. Whether it be positive or negative remains to be seen, but let’s hope that Cuban is right, for the sake of everyday people.
