
Anthropic CEO says AI will wipe out almost 50% entry-level jobs in 5 years, spike unemployment to 20%
Dario Amodei is the CEO of AI company Anthropic
Anthropic is the face behind the Claud AI chatbot
According to the Anthropic CEO, AI will replace manny entry-level jobs soon
Dario Amodei, the co-founder and CEO of Anthropic, has made yet another 'prediction' about AI, more specifically how artificial intelligence and LLMs (short for large language models), are coming after your job. Anthropic is an AI company behind the popular Claude chatbot. It is backed by e-commerce giant Amazon. In his latest salvo, Amodei said AI could eliminate up to 50 percent of entry-level white-collar jobs within the next five years, potentially causing unemployment to spike to 10-20 percent. Previously, he had predicted that AI will – eventually – allow just one person to run a billion-dollar company by 2026, which is to say that it would render big team setups useless.
According to the Anthropic CEO, 'mass elimination' of roles is on the horizon, especially 'at the entry-level', suggesting that people doing these jobs should either level-up and increase their relevance or start looking for alternatives – either way, they must brace themselves for sweeping changes that AI will bring or has started to bring in some cases. On the specifics of the industries that might be in the eye of the AI storm, Amodei said, you can expect these job cuts across technology, finance, law, and consulting – at the very least. The timeline he has suggested is anywhere between the next one and five years.
Going a step further, Amodei hinted that companies and the government are apparently 'sugarcoating' some of the imminent risks and that most people are probably unaware of the scale of the changes that are about to come. More significantly, unemployment could rise alarmingly, potentially reaching 20 percent as companies move to replace humans with AI. In his own prediction earlier, Amodei had opined that AI will soon allow individuals to set up billion-dollar companies on their own, particularly in areas like trading and software engineering.
There's evidence that some of this has already started to happen, with Big Tech hiring of new graduates reportedly dropping by about 50 percent since pre-pandemic levels in the wake of growing AI adoption. Microsoft has recently come under the scanner for laying off 6,000 employees even as AI is writing 30 percent code for the company.
Amodei is not the only prominent figure in the tech industry who has raised alarms about AI taking jobs in the near and distant future. Google DeepMind CEO Demis Hassabis said recently that AI is going to disrupt many jobs in the next five years and that teenagers must start preparing themselves for this future.
'Just as the internet shaped millennials and smartphones defined Gen Z, generative AI is the hallmark of Gen Alpha,' Hassabis said. 'Over the next 5 to 10 years, I think we're going to find what normally happens with big new technology shifts, which is that some jobs get disrupted. But new, more valuable, usually more interesting jobs get created."
Dario Amodei, the co-founder and CEO of Anthropic, has made yet another 'prediction' about AI, more specifically how artificial intelligence and LLMs (short for large language models), are coming after your job. Anthropic is an AI company behind the popular Claude chatbot. It is backed by e-commerce giant Amazon. In his latest salvo, Amodei said AI could eliminate up to 50 percent of entry-level white-collar jobs within the next five years, potentially causing unemployment to spike to 10-20 percent. Previously, he had predicted that AI will – eventually – allow just one person to run a billion-dollar company by 2026, which is to say that it would render big team setups useless.
According to the Anthropic CEO, 'mass elimination' of roles is on the horizon, especially 'at the entry-level', suggesting that people doing these jobs should either level-up and increase their relevance or start looking for alternatives – either way, they must brace themselves for sweeping changes that AI will bring or has started to bring in some cases. On the specifics of the industries that might be in the eye of the AI storm, Amodei said, you can expect these job cuts across technology, finance, law, and consulting – at the very least. The timeline he has suggested is anywhere between the next one and five years.
Going a step further, Amodei hinted that companies and the government are apparently 'sugarcoating' some of the imminent risks and that most people are probably unaware of the scale of the changes that are about to come. More significantly, unemployment could rise alarmingly, potentially reaching 20 percent as companies move to replace humans with AI. In his own prediction earlier, Amodei had opined that AI will soon allow individuals to set up billion-dollar companies on their own, particularly in areas like trading and software engineering.
There's evidence that some of this has already started to happen, with Big Tech hiring of new graduates reportedly dropping by about 50 percent since pre-pandemic levels in the wake of growing AI adoption. Microsoft has recently come under the scanner for laying off 6,000 employees even as AI is writing 30 percent code for the company.
Amodei is not the only prominent figure in the tech industry who has raised alarms about AI taking jobs in the near and distant future. Google DeepMind CEO Demis Hassabis said recently that AI is going to disrupt many jobs in the next five years and that teenagers must start preparing themselves for this future.
'Just as the internet shaped millennials and smartphones defined Gen Z, generative AI is the hallmark of Gen Alpha,' Hassabis said. 'Over the next 5 to 10 years, I think we're going to find what normally happens with big new technology shifts, which is that some jobs get disrupted. But new, more valuable, usually more interesting jobs get created." Join our WhatsApp Channel
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