Eric Schmidt says AI could cut 20% of jobs at large companies, starting with ‘glue people’

Share

According to Google’s former CEO, artificial intelligence automation could reduce large-company workforces by around 20%, primarily targeting coordination and middle-management roles. To illustrate his reasoning, he says a company with 10,000 employees could eliminate 2,000 positions, mainly those focused on planning and passing information between teams. He argues that invention, sales, leadership and government relations would remain essential, while urging companies to manage workforce transitions humanely and legally. On the Kalshi prediction market, traders assign a 94% probability that layoffs in the US information sector will increase in 2026 compared with 2025.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items