Latest news with #jobdisplacement
Fast Company
a day ago
- Business
- Fast Company
AI isn't coming for your job—it's coming for your company
Debate about whether artificial intelligence can replicate the intellectual labor of doctors, lawyers, or PhDs forgoes a deeper concern that's looming: Entire companies—not just individual jobs—may be rendered obsolete by the accelerating pace of AI adoption. Reports suggesting OpenAI will charge $20,000 per month for agents trained at a PhD level spun up the ongoing debate about whose job is safe from AI and whose job is not. 'I've not seen it be that impressive yet, but it's likely not far off,' James Villarrubia, head of digital innovation and AI at NASA CAS, told me. Sean McGregor, the founder of Responsible AI Collaborative who earned a PhD in computer science, pointed out how many jobs are about more than just a set of skills: 'Current AI technology is not sufficiently robust to allow unsupervised control of hazardous chemistry equipment, human experimentation, or other domains where human PhDs are currently required.' The big reason I polled the audience on this one was because I wanted to broaden my perspective on what jobs would be eliminated. Instead, it changed my perspective. AI needs to outperform the system, not the role Suzanne Rabicoff, founder of the human agency think tank and fractional practice, The Pie Grower, gave me some reading assignments from her work, instead of a quote. Her work showed me that these times are unprecedented. But something clicked in my brain when she said in her writing that she liked the angle of more efficient companies rising instead of jobs being replaced at companies with a lot of tech and human capital debt. Her response to that statement? 'Exactly my bet.' Sure, this is the first time that a robot is doing the homework for some college students. However, there is more precedent for robots moving market share than for replacing the same job function across a sector. Fortune 500 companies—especially those bloated with legacy processes and redundant labor—are always vulnerable to decline as newer, more nimble competitors rise. And not because any single job is replaced, but because the foundational economics of their business models no longer hold. AI doesn't need to outperform every employee to render an enterprise obsolete. It only needs to outperform the system. Case study: The auto industry Take, for example, the decline of American car manufacturers in the late 20th century. In the 1950s, American automakers had a stranglehold on the car industry, not unlike today's tech giants. In 1950, the U.S. produced about 75% of the world's cars. But in the 1970s, Japanese automakers pioneered the use of robotics in auto manufacturing. These companies produced higher-quality vehicles at great value thanks to leaner operations that were also more precise. Firms like GM struggled to keep up, burdened by outdated factories and excessive human capital costs—including bloated pensions. The seismic shift in the decades to follow paints a picture of what could be in store for large companies now. In 1960, the U.S. produced about 48% of the world's cars, while Japan accounted for just 5%. By 1980, Japan had captured around 29% of the market, while the U.S. had fallen to 23%. Today's AI shakeup could look similar. Decades from now, we could look at Apple similarly to how we look at Ford now. AI startups with more agile structures are poised to eat market share. On top of that, startups can focus on solving specialized problems, sharpening their competitive edge. Will your company shrivel and die? The fallout has already begun. Gartner surveyed organizations in late 2023, finding that about half were developing their own AI tools. By the end of 2024, that dropped to 20%. As hype around generative AI cools, Gartner notes that many chief information officers are instead using outside vendors—either large language model providers or traditional software sellers with AI-enhanced offerings. In 2024, AI startups received nearly half of the $209 billion in global venture funding. If only 20% of legacy organizations currently feel confident competing with these upstarts, how many will feel that confidence as these startups mature? While headlines continue to fixate on whether AI can match PhD-level expertise, the deeper risk remains largely unspoken: Giant companies will shrivel and some may die. And when they do, your job is at risk whether you greet customers at the front desk or hold a PhD in an engineering discipline. But there are ways to stay afloat. One of the most impactful pieces of advice I ever received came from Jonathan Rosenberg, former SVP of products at Google and current advisor to Alphabet, when I visited the company's campus in college. 'You can't just be great at what you do, you have to catch a great wave. Early people think it's about the company, then the job, then the industry. It's actually industry, company, job…' So, how do you catch the AI wave? Ankur Patel, CEO of Multimodal, advises workers to learn how to do their current jobs using AI tools that enhance productivity. He also notes that soft skills—mobilizing people, building relationships, leading teams—will become increasingly valuable as AI takes over more technical or routine tasks. 'You can't have AI be a group leader or team leader, right? I just don't see that happening, even in the next generation forward,' Patel said. 'So I think that's a huge opportunity…to grow and learn from.'
Globe and Mail
4 days ago
- Business
- Globe and Mail
Young Tech Entrepreneur Predicted the White-Collar AI Bloodbath – And Built the Solution
"Harshith Vaddiparthy, 22-year-old AI entrepreneur and founder of networking at a technology conference. The Y Combinator company JustPaid AI engineer, who successfully exited his AI startup for $50K, discusses the future of work and white-collar job displacement with fellow tech professionals. Vaddiparthy advocates for mastering AI tools like Cursor and Claude to survive the coming automation wave in white-collar industries." 22-year-old Harshith Vaddiparthy exited AI startup ARTIFIN for $50K and now works at Y Combinator company JustPaid AI. He warns most entry-level jobs are "email jobs using ChatGPT to reply to ChatGPT." As industry leaders predict AI could eliminate 50% of white-collar jobs within five years, Vaddiparthy offers survival tips: master AI tools like Cursor and Claude, build specialized solutions. His path - no degree, startup exit by 22 - exemplifies thriving in the AI economy. Jun 2, 2025 - 22-Year-Old Harshith Vaddiparthy, Who Successfully Exited AI Startup, Warns: "Most Entry-Level Jobs Are Just Email Jobs Using ChatGPT to Reply to ChatGPT." As industry leaders like Anthropic CEO Dario Amodei warn of an impending "white-collar bloodbath" that could eliminate 50% of entry-level jobs within five years, one young entrepreneur saw this tsunami coming early - and positioned himself as part of the solution. Harshith Vaddiparthy, a 22-year-old AI Product Engineer at Y Combinator company JustPaid AI (YC W23), successfully founded and exited his AI startup for $50,000 in December 2023, giving him a front-row seat to the very disruption now making headlines across Silicon Valley. "Most white-collar jobs have become email jobs," says Vaddiparthy, whose unconventional path of 5+ years professional experience and a successful startup exit before age 22 exemplifies the new breed of tech talent thriving in the AI economy. "We're literally watching people use ChatGPT to draft replies to emails that were sent using ChatGPT. The irony is staggering." THE GREAT DECEPTION: While College Graduates Party, AI Takes Their Jobs Vaddiparthy's perspective cuts through the typical doom-and-gloom narrative with brutal honesty about generational preparedness: "Twenty-somethings just finished college thinking it's a beautiful world, but they're about to face reality. The ones who spent four years partying while AI was advancing are now competing for jobs that may not exist in six months." His prediction aligns with recent warnings from Anthropic's Amodei, who told Axios that AI could spike unemployment to 10-20% and eliminate entry-level positions across technology, finance, law, and consulting - exactly the fields recent graduates target. But Vaddiparthy sees a clear dividing line emerging: "Only the ones using tools like Cursor, Windsurf, Claude, and ChatGPT are actually going to make it. The future entry-level job isn't doing the work - it's using AI tools to create specialized tools for specific use cases." THE ARTIFIN SUCCESS STORY: Proof of Concept for the AI-Native Generation Vaddiparthy's journey from ambitious young developer to successful AI entrepreneur illustrates his thesis. Working with school friends, he built an AI-driven financial analysis platform that he bootstrapped and exited within 18 months. "We built ARTIFIN because we saw that financial analysis was becoming automated, but firms needed custom AI solutions, not generic chatbots," explains Vaddiparthy. "The exit gave me runway to experiment with more tools and proved that you don't need to know how to code anymore - you need to know how to direct AI to code for you." Currently serving as AI Growth Marketer at JustPaid AI, a Y Combinator W23 company - and heading Business Development initiavites, Vaddiparthy continues building internal tools that increase productivity and business development efforts - exactly the type of "AI-augmented" roles he predicts will survive the coming automation wave. THE DEMOCRATIZATION THESIS: Why Traditional Career Paths Are Dead Vaddiparthy's analysis goes beyond job displacement to fundamental shifts in how value is created: "Marketing has been democratized, creativity has been democratized, AI assistants have been democratized. There are thousands of free open-source repos on GitHub that people can leverage. The question isn't whether AI will replace your job - it's whether you'll use AI to create value faster than someone else." His perspective challenges both the doomsday scenarios and naive optimism surrounding AI: "Even top AI scientists don't know what's in the AI black box anymore. Everyone is guessing, everyone is going with the flow. But that creates massive opportunities for people who can navigate uncertainty and build practical solutions." INDUSTRY VALIDATION: Netflix, Y Combinator, and Global Recognition Vaddiparthy's insights aren't just theoretical. His track record includes: • Netflix collaboration (Love, Death & Robots project with 131,690 artworks) • Y Combinator validation through JustPaid AI role • International recognition as VIP speaker at NewYork Conference 2023 • Leadership roles across multiple AI projects • Technical expertise spanning React, AI/ML THE SURVIVAL GUIDE: Vaddiparthy's Roadmap for the AI Economy Rather than despair, Harshith Vaddiparthy advocates for aggressive adaptation: 1. Tool Mastery Over Domain Knowledge: "Learn Cursor, Windsurf, Claude deeply. These tools are becoming the new literacy." 2. Build Before You're Ready: "Don't wait for permission. Build internal tools, side projects, anything that solves real problems with AI." 3. Embrace the Meta-Game: "The future isn't about competing with AI - it's about using AI to compete with other humans who are also using AI." 4. Create Niche Solutions: "Everyone's building general AI tools. The money is in specialized applications for specific industries and use cases." THE ECONOMIC REALITY: From Job Security to Value Creation Vaddiparthy's perspective reflects a broader shift from traditional employment to value-creation models: "The whole concept of 'getting a job' is becoming obsolete. You need to think like an entrepreneur even if you're an employee. Your value isn't your degree or years of experience - it's your ability to create solutions that didn't exist yesterday." This philosophy aligns with his own journey from ambitious young developer to successful entrepreneur and Y Combinator company engineer in just five years. LOOKING FORWARD: The Post-Bloodbath Economy As companies like Microsoft, Walmart, and CrowdStrike announce layoffs citing AI transformation, Vaddiparthy sees opportunity in disruption: "This isn't the end of white-collar work - it's the end of white-collar busy work. The survivors will be people who can think strategically about AI implementation, not just use it to send better emails." His advice for young professionals facing an uncertain job market is characteristically direct: "Stop waiting for someone to give you a career path. Build something, ship it, iterate based on feedback. The AI economy rewards builders, not credential collectors." ABOUT HARSHITH VADDIPARTHY Harshith Vaddiparthy is an AI Product Engineer and Growth Marketer with 5+ years of professional experience despite being only 22 years old. Currently at JustPaid AI (YC W23), he successfully founded and exited in 2023. His technical expertise spans AI/ML, React, and blockchain technologies, with a track record including Netflix collaborations, international speaking engagements, and leadership roles across multiple tech startups. Website: Email: vharshith.2810@ LinkedIn: RELATED TOPICS: #WhiteCollarBloodbath #AIJobs #StartupExit #YCombinator #TechEntrepreneur #ArtificialIntelligence #FutureOfWork #AITools #GenZEntrepreneur SEO KEYWORDS: white collar bloodbath, AI job displacement, startup exit, Y Combinator, Harshith Vaddiparthy, AI tools, future of work, tech entrepreneur, job automation EDITOR'S NOTE: This press release leverages the trending "white-collar bloodbath" topic while positioning Harshith Vaddiparthy as a thought leader who predicted and navigated this transition successfully. The content is optimized for SEO and designed to generate media coverage and professional recognition.
Associated Press
4 days ago
- Business
- Associated Press
Young Tech Entrepreneur Predicted the White-Collar AI Bloodbath – And Built the Solution
Harshith Vaddiparthy, 22-year-old AI entrepreneur and founder of networking at a technology conference. The Y Combinator company JustPaid AI engineer, who successfully exited his AI startup for $50K, discusses the future of work and white-collar job displacement with fellow tech professionals. Vaddiparthy advocates for mastering AI tools like Cursor and Claude to survive the coming automation wave in white-collar industries. 22-year-old Harshith Vaddiparthy exited AI startup ARTIFIN for $50K and now works at Y Combinator company JustPaid AI. He warns most entry-level jobs are 'email jobs using ChatGPT to reply to ChatGPT.' As industry leaders predict AI could eliminate 50% of white-collar jobs within five years, Vaddiparthy offers survival tips: master AI tools like Cursor and Claude, build specialized solutions. His path - no degree, startup exit by 22 - exemplifies thriving in the AI economy. Jun 2, 2025 - 22-Year-Old Harshith Vaddiparthy, Who Successfully Exited AI Startup, Warns: 'Most Entry-Level Jobs Are Just Email Jobs Using ChatGPT to Reply to ChatGPT.' As industry leaders like Anthropic CEO Dario Amodei warn of an impending 'white-collar bloodbath' that could eliminate 50% of entry-level jobs within five years, one young entrepreneur saw this tsunami coming early - and positioned himself as part of the solution. Harshith Vaddiparthy, a 22-year-old AI Product Engineer at Y Combinator company JustPaid AI (YC W23), successfully founded and exited his AI startup for $50,000 in December 2023, giving him a front-row seat to the very disruption now making headlines across Silicon Valley. 'Most white-collar jobs have become email jobs,' says Vaddiparthy, whose unconventional path of 5+ years professional experience and a successful startup exit before age 22 exemplifies the new breed of tech talent thriving in the AI economy. 'We're literally watching people use ChatGPT to draft replies to emails that were sent using ChatGPT. The irony is staggering.' THE GREAT DECEPTION: While College Graduates Party, AI Takes Their Jobs Vaddiparthy's perspective cuts through the typical doom-and-gloom narrative with brutal honesty about generational preparedness: 'Twenty-somethings just finished college thinking it's a beautiful world, but they're about to face reality. The ones who spent four years partying while AI was advancing are now competing for jobs that may not exist in six months.' His prediction aligns with recent warnings from Anthropic's Amodei, who told Axios that AI could spike unemployment to 10-20% and eliminate entry-level positions across technology, finance, law, and consulting - exactly the fields recent graduates target. But Vaddiparthy sees a clear dividing line emerging: 'Only the ones using tools like Cursor, Windsurf, Claude, and ChatGPT are actually going to make it. The future entry-level job isn't doing the work - it's using AI tools to create specialized tools for specific use cases.' THE ARTIFIN SUCCESS STORY: Proof of Concept for the AI-Native Generation Vaddiparthy's journey from ambitious young developer to successful AI entrepreneur illustrates his thesis. Working with school friends, he built an AI-driven financial analysis platform that he bootstrapped and exited within 18 months. 'We built ARTIFIN because we saw that financial analysis was becoming automated, but firms needed custom AI solutions, not generic chatbots,' explains Vaddiparthy. 'The exit gave me runway to experiment with more tools and proved that you don't need to know how to code anymore - you need to know how to direct AI to code for you.' Currently serving as AI Growth Marketer at JustPaid AI, a Y Combinator W23 company - and heading Business Development initiavites, Vaddiparthy continues building internal tools that increase productivity and business development efforts - exactly the type of 'AI-augmented' roles he predicts will survive the coming automation wave. THE DEMOCRATIZATION THESIS: Why Traditional Career Paths Are Dead Vaddiparthy's analysis goes beyond job displacement to fundamental shifts in how value is created: 'Marketing has been democratized, creativity has been democratized, AI assistants have been democratized. There are thousands of free open-source repos on GitHub that people can leverage. The question isn't whether AI will replace your job - it's whether you'll use AI to create value faster than someone else.' His perspective challenges both the doomsday scenarios and naive optimism surrounding AI: 'Even top AI scientists don't know what's in the AI black box anymore. Everyone is guessing, everyone is going with the flow. But that creates massive opportunities for people who can navigate uncertainty and build practical solutions.' INDUSTRY VALIDATION: Netflix, Y Combinator, and Global Recognition Vaddiparthy's insights aren't just theoretical. His track record includes: • Netflix collaboration (Love, Death & Robots project with 131,690 artworks) • Y Combinator validation through JustPaid AI role • International recognition as VIP speaker at NewYork Conference 2023 • Leadership roles across multiple AI projects • Technical expertise spanning React, AI/ML THE SURVIVAL GUIDE: Vaddiparthy's Roadmap for the AI Economy Rather than despair, Harshith Vaddiparthy advocates for aggressive adaptation: 1. Tool Mastery Over Domain Knowledge: 'Learn Cursor, Windsurf, Claude deeply. These tools are becoming the new literacy.' 2. Build Before You're Ready: 'Don't wait for permission. Build internal tools, side projects, anything that solves real problems with AI.' 3. Embrace the Meta-Game: 'The future isn't about competing with AI - it's about using AI to compete with other humans who are also using AI.' 4. Create Niche Solutions: 'Everyone's building general AI tools. The money is in specialized applications for specific industries and use cases.' THE ECONOMIC REALITY: From Job Security to Value Creation Vaddiparthy's perspective reflects a broader shift from traditional employment to value-creation models: 'The whole concept of 'getting a job' is becoming obsolete. You need to think like an entrepreneur even if you're an employee. Your value isn't your degree or years of experience - it's your ability to create solutions that didn't exist yesterday.' This philosophy aligns with his own journey from ambitious young developer to successful entrepreneur and Y Combinator company engineer in just five years. LOOKING FORWARD: The Post-Bloodbath Economy As companies like Microsoft, Walmart, and CrowdStrike announce layoffs citing AI transformation, Vaddiparthy sees opportunity in disruption: 'This isn't the end of white-collar work - it's the end of white-collar busy work. The survivors will be people who can think strategically about AI implementation, not just use it to send better emails.' His advice for young professionals facing an uncertain job market is characteristically direct: 'Stop waiting for someone to give you a career path. Build something, ship it, iterate based on feedback. The AI economy rewards builders, not credential collectors.' ABOUT HARSHITH VADDIPARTHY Harshith Vaddiparthy is an AI Product Engineer and Growth Marketer with 5+ years of professional experience despite being only 22 years old. Currently at JustPaid AI (YC W23), he successfully founded and exited in 2023. His technical expertise spans AI/ML, React, and blockchain technologies, with a track record including Netflix collaborations, international speaking engagements, and leadership roles across multiple tech startups. Website: Email: [email protected] LinkedIn: RELATED TOPICS: #WhiteCollarBloodbath #AIJobs #StartupExit #YCombinator #TechEntrepreneur #ArtificialIntelligence #FutureOfWork #AITools #GenZEntrepreneur SEO KEYWORDS: white collar bloodbath, AI job displacement, startup exit, Y Combinator, Harshith Vaddiparthy, AI tools, future of work, tech entrepreneur, job automation EDITOR'S NOTE: This press release leverages the trending 'white-collar bloodbath' topic while positioning Harshith Vaddiparthy as a thought leader who predicted and navigated this transition successfully. The content is optimized for SEO and designed to generate media coverage and professional recognition. Media Contact Company Name: ANP Publications Contact Person: Sarah Pierce Email: Send Email Country: United States Website: Press Release Distributed by To view the original version on ABNewswire visit: Young Tech Entrepreneur Predicted the White-Collar AI Bloodbath - And Built the Solution
Independent Singapore
4 days ago
- Business
- Independent Singapore
Singaporean asks which jobs in SG are at risk of disappearing due to AI; netizens paint a stark future for most office jobs
SINGAPORE: On Reddit over the weekend, a user on the platform asked others what local jobs they believe are most at risk of disappearing due to artificial intelligence (AI). In a post on r/askSingapore on Saturday (May 31), u/Top-North-6053 wrote, ' With how fast AI tools like ChatGPT, Gemini, Deepseek are evolving, I'm curious to hear what others think will be jobs being made redundant in the near future.' The post author further asked if other Reddit users have already witnessed this in their workplace or industry. A commenter expressed that while they don't necessarily expect jobs to disappear, they wrote that the 'headcount for almost any office job would easily shrink in the near future (actually already happening).' They also added: 'It's not because AI is truly replacing humans but because corporations think they can.' Another also thinks that major changes are coming in the next decade, with companies expected to 'cut junior staff aggressively because AI can do it 'good enough'.' See also Soh Rui Yong says SG football needs Chinese players They find this to be problematic for two reasons. First, 'AI iterates but it doesn't innovate,' which would cause progress to stall. Additionally, it would prevent junior employees from gaining the exposure, experience, and knowledge they need. 'When (1) eventually gets out of hand and you need human intervention, you can't find humans capable enough because of (2),' the commenter added. To this, another replied that they 'wish companies would train people how to use AI instead of trying to replace them. I have a similar fear that fewer juniors will join a company, while the remaining seniors have to manage an AI's slop on top of their own work.' However, a commenter answered, 'Properly run companies already understand this. AI is being used to enable existing workers, not replace them. I personally know of people at work who use Copilot to speed up their coding, and another who trained an LLM on 300-page technical documents to make it easier to find information. What AI doesn't do, however, is write code or generate the document independently. The only people buying into the 'AI will replace all workers' grift are the tech bros contributing to the bubble and the fear mongerers who don't want to change with the times.' One predicted, 'Most finance banking jobs will be displaced or significantly reduced. Major wage deflation on the way.' When another said that HR would be the easiest industry to be replaced by AI, a Reddit user said that IBM is already doing this. 'HR (is) definitely the easiest function to replace. Can't think of a single domain within HR that will be safe,' they added. Additionally, when a commenter who stated they were tired suggested that more task-based nursing jobs could be replaced with AI or robotics, they acknowledged that they know this is unlikely. 'Yeah, the parts needing interaction with humans will be the most AI resistant IMO,' another agreed. /TISG Read also: Concerns over Artificial Intelligence in recruitment grow among HR professionals in Singapore
Entrepreneur
29-05-2025
- Business
- Entrepreneur
Mark Cuban Says AI Will Lead to New Jobs and Companies
Billionaire entrepreneur Mark Cuban says AI might take your job, but it will lead to more "total" employment. Anthropic CEO Dario Amodei told Axios this week that AI could eliminate half of all entry-level, white-collar jobs within the next five years, and people "should be worried" about it. Meanwhile, a new report from SignalFire, a venture capital firm that monitors the job movements of over 650 million employees on LinkedIn, found that advances in AI have already led big tech companies to reduce the hiring of new graduates (down 25% from 2023 to 2024). But billionaire investor Mark Cuban thinks everyone is missing the bigger picture. Related: These 3 Professions Are Most Likely to Vanish in the Next 20 Years Due to AI, According to a New Report Cuban responded to an article about Amodei's comments on Bluesky, noting that technology has led to numerous changes in the workplace over the last century. "Someone needs to remind the CEO that at one point there were more than 2 [million] secretaries," Cuban wrote. "There were also separate employees to do in-office dictation." Cuban has long advocated for AI and offers a free AI bootcamp for high school students. Cuban noted that technology will continue to change how we work and what roles we will need in the future. "They were the original white collar displacements," Cuban continued. "New companies with new jobs will come from AI and increase TOTAL employment." AI is already coding at Meta and Google and handling HR tasks at IBM, and the back-and-forth debate about how it will affect he workplace has been raging for years. Mark Cuban speaks onstage during the 2025 SXSW Conference and Festival at Hilton Austin on March 10, 2025, in Austin, Texas. Julia Beverly/WireImage Getty Victor Lazarte, general partner at venture capital firm Benchmark, said on a recent episode of the podcast "The Twenty Minute VC" that big companies are downplaying how AI will affect their jobs, echoing Amodei's comments. "It's bulls---t," Lazarte said. "[AI is] fully replacing people." Related: 'Fully Replacing People': A Tech Investor Says These Two Professions Should Be the Most Wary of AI Taking Their Jobs
