David Sacks Says AI Job Loss Fears Overhyped
White House AI and crypto czar David Sacks has pushed back on growing fears that AI will wipe out large swathes of the workforce, arguing it still relies heavily on human supervision to generate real business value.
His comments come after Microsoft researchers unveiled a list of the 40 positions most likely to be replaced by AI, some of which are roles also found within the crypto industry.
But Sacks said the “AI job loss narrative is overhyped,” pointing out in a Saturday post on X that AI still needs to be prompted and verified to “drive business value.”
AI does the middle-to-middle work, while humans manage the end-to-end processes, he said.
Certain crypto jobs at risk, Microsoft study suggests
The Microsoft…
