"There will be disruption. But I'm a big believer that our economy is very nimble, very flexible. And when you look at the technology that has flooded over hundreds of years into our society, we adapt,"
"We find new businesses. We find new jobs. I don't believe it will be different this time."
"not even really AI-driven, not right now at least."
"with a lot more leverage than the headcount we had pre-AI."
Skepticism exists that AI will trigger a permanent jobs apocalypse. Technological change will cause disruption, but economies adapt by creating new businesses and roles. Recent AI-linked layoffs include Amazon cutting 14,000 employees, Meta reducing about 600 AI-division roles, Salesforce eliminating thousands of customer-service positions in favor of AI agents, and Microsoft cutting 9,000 jobs while signaling future hiring with greater headcount leverage. A Goldman Sachs investment-banker survey found only 11% of clients are actively cutting jobs because of AI, while 37% use AI in regular production. Corporate AI adoption is accelerating and expected to expand next year.
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