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David Sacks: Job Loss Fears Due to AI Are Overhyped

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by Giorgi Kostiuk

2 hours ago


Recent comments from David Sacks, the White House AI advisor, have sparked discussion about the impact of artificial intelligence on job roles.

David Sacks on AI and Job Roles

David Sacks emphasized that fears of AI replacing human jobs are overstated. In a post on X, he stated, "AI does the middle-to-middle work, while humans manage the end-to-end processes."

Microsoft Study on Job Vulnerability to AI

According to a Microsoft study analyzing 200,000 anonymized Bing Copilot chats, more than 40 job roles are at risk of AI replacement. The roles most vulnerable include reporters and technical writers, with high AI applicability scores. More analytical professions, such as market research analysts and data scientists, showed lower vulnerability.

Hiring Slowdown in the Crypto Sector

The current state of the crypto industry also raises concerns, as the number of new job postings is declining. In July, only 73,000 jobs were added, falling short of the expected 100,000. The crypto sector is experiencing a slowdown, with only 38 new listings on CryptoJobsList.com.

In conclusion, according to Sacks and other experts, while AI is indeed reshaping workflows, human oversight remains essential in these processes.

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