Recent expert comments raise questions about the impact of artificial intelligence on employment, especially in light of declining vacancies in the crypto industry.
David Sachs' Commentary on AI's Role
David Sachs, White House adviser on cryptocurrency and artificial intelligence, stated that predictions of mass layoffs due to AI are exaggerated. He emphasized that the technology still requires human oversight to create real business value. Sachs noted that AI acts as a 'middle-man' in workflows while key decisions remain with humans.
Microsoft's Analysis of Automation Risks
Microsoft researchers published a report listing jobs most at risk of automation. Included in the list were journalists, analysts, and technical writers, roles heavily involved in the cryptocurrency space. The study, based on 200,000 anonymous Bing Copilot chats, showed that AI is most often used for data collection, writing, and consulting. The highest risks of automation were observed in reporting and copywriting.
State of the Labor Market in the Crypto Industry
Experts noted a significant decrease in job vacancies in the crypto industry in July 2025. This decline coincided with a report from the US Department of Labor, which revealed that only 73,000 jobs were created nationwide, compared to the expected 100,000. Sachs also cited former Coinbase CTO Balaji Srinivasan, who argued that AI is not taking jobs from humans but is replacing earlier generations of AI models. 'Today's AI is not truly agentic. It can perform more tasks, but it does not act completely on its own,' Srinivasan stated.
Experts are confident that despite automation and AI's influence, human control remains critically important for the successful functioning of technologies across various fields.
