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David Sacks on a New Study Which Shows AI Adoption Actually Creates MORE Jobs “What they're showing is that the more you adopt AI, those companies also tend to grow headcount. So there's just no data to support this idea that in the present, AI is causing job loss.”

Chief Nerd

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DAVID SACKS: “I understand that there is a lot of concern about [AI] job disruption or job loss. That's not what we're seeing in the data so far. What we're actually seeing is job creation … We have a 4% GDP growth number right now, and half of that is attributable to AI.”

DAVID SACKS: “I understand that there is a lot of concern about [AI] job disruption or job loss. That's not what we're seeing in the data so far. What we're actually seeing is job creation … We have a 4% GDP growth number right now, and half of that is attributable to AI.”

Chief Nerd

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🚨NEW: David Sacks, Chamath, and Naval make the case for AI optimism and say that AI will *create* more jobs than it displaces SACKS: "We don't know that jobs are actually going to be lost. You're making a huge assumption thats buying into doomerism. Have any jobs been lost by AI? We've had AI for two years and so far it's just been a better search engine and it's helped kids cheat on their essays." NAVAL: "Technology does destroy jobs but it replaces them with opportunities that are better. AI is a productivity tool, it allows the worker to become more valuable. We will see job creation by AI that will be *faster* than job destruction. New opportunities will be created." SACKS: "Whenever you have a new technology you get productivity gains, you get some job change, and there is some job loss. The third category will follow the historical trend which is the first two categories are always bigger and you end up with more net productivity and wealth creation." David Sacks Chamath Palihapitiya Naval The All-In Podcast

🚨NEW: David Sacks, Chamath, and Naval make the case for AI optimism and say that AI will create more jobs than it displaces SACKS: "We don't know that jobs are actually going to be lost. You're making a huge assumption thats buying into doomerism. Have any jobs been lost by AI? We've had AI for two years and so far it's just been a better search engine and it's helped kids cheat on their essays." NAVAL: "Technology does destroy jobs but it replaces them with opportunities that are better. AI is a productivity tool, it allows the worker to become more valuable. We will see job creation by AI that will be faster than job destruction. New opportunities will be created." SACKS: "Whenever you have a new technology you get productivity gains, you get some job change, and there is some job loss. The third category will follow the historical trend which is the first two categories are always bigger and you end up with more net productivity and wealth creation." David Sacks Chamath Palihapitiya Naval The All-In Podcast

Autism Capital 🧩

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David Sacks Shares a New Study Which Counters the AI Doomer Narrative “They find that both job growth and wage growth is higher, not lower, in the occupations that are exposed to AI … As you make workers more productive, the value of their labor increases, not decreases, and they end up getting paid more and you want to hire more of them. So this is a huge narrative violation.”

David Sacks Shares a New Study Which Counters the AI Doomer Narrative “They find that both job growth and wage growth is higher, not lower, in the occupations that are exposed to AI … As you make workers more productive, the value of their labor increases, not decreases, and they end up getting paid more and you want to hire more of them. So this is a huge narrative violation.”

Chief Nerd

68,943 görüntüleme • 6 ay önce

David Friedberg just said the quiet part out loud "I am telling everyone that is listening. Look at the data. There is no job loss with AI. It is an absolute scam to tell the world that AI is taking away jobs."

David Friedberg just said the quiet part out loud "I am telling everyone that is listening. Look at the data. There is no job loss with AI. It is an absolute scam to tell the world that AI is taking away jobs."

Boring_Business

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The AI job loss narrative is everywhere. But what if it is wrong? David Sacks says only 5% of job loss is actually coming from the new technology.

The AI job loss narrative is everywhere. But what if it is wrong? David Sacks says only 5% of job loss is actually coming from the new technology.

Anthony Pompliano 🌪

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🚨 DAVID SACKS: “I don't think there's going to be this huge job loss associated with this [AI] productivity boom that we're going to get. In fact, I think what's actually happening now is that AI is becoming synonymous with the American economy … It's generating 75% of GDP.”

🚨 DAVID SACKS: “I don't think there's going to be this huge job loss associated with this [AI] productivity boom that we're going to get. In fact, I think what's actually happening now is that AI is becoming synonymous with the American economy … It's generating 75% of GDP.”

Chief Nerd

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Everyone is saying that AI is going to take all the jobs soon, but WHAT IF that's just not true? A new study shows that AI fails at 96% of all jobs. It raises serious questions about the high valuations we're seeing in AI. I made a video exploring the disconnect.

Everyone is saying that AI is going to take all the jobs soon, but WHAT IF that's just not true? A new study shows that AI fails at 96% of all jobs. It raises serious questions about the high valuations we're seeing in AI. I made a video exploring the disconnect.

Dagogo Altraide (ColdFusion)

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🔥 FRIEDBERG: “I'm telling everyone that's listening, look at the data. There is no job loss with AI. It is an absolute scam to tell the world that AI is taking away jobs and destroying jobs.”

🔥 FRIEDBERG: “I'm telling everyone that's listening, look at the data. There is no job loss with AI. It is an absolute scam to tell the world that AI is taking away jobs and destroying jobs.”

Chief Nerd

103,457 görüntüleme • 3 gün önce

David Friedberg: The AI Jobs Panic Is a Crock of Sh*t Why? The revenue potential outweighs the cost savings by 100x. “There is no job loss with AI. I've said it a thousand times, and I will say it again, and again, and again. What I see on the ground, and what I've seen at dozens of companies, including my company that I run, there are two sides to a business. There is revenue and there’s costs. On the cost side of the equation, AI can be used to reduce humans doing things that cost money, to some extent. The effect there, I would argue, is nominal. The real opportunity with AI is on the revenue side, where suddenly one engineer can do 100x or 1000x what they used to be able to do, meaning you can make more products at your company, whether those are agricultural seed products, or boats and ships, or software for companies, or clothing, or what have you. Because of AI, everyone has the ability to expand their revenue base to create more products, and that is the foundation of good economic prosperity. It is called productivity. We can grow productivity in this country with AI. So where I see AI being used is on the revenue side 100x more than the cost side. And in that equation, people are hiring like crazy. We cannot hire enough people. I just had a review meeting with my product and engineering team two days ago, and they're like, ‘We want to add an extra 15 headcount to our engineering squads because we have all this opportunity to do stuff that we couldn't otherwise do.’ So we are going to hire more people. And to Sacks' point, we are seeing that show up in the jobs numbers. The idea that AI is going to destroy jobs is a Luddite idea that is being disproven every single day, and I see it on the ground. It is only a matter of time before people wake up to this and they realize that this narrative that they've all been sold is a crock of sh*t.”

David Friedberg: The AI Jobs Panic Is a Crock of Sht Why? The revenue potential outweighs the cost savings by 100x. “There is no job loss with AI. I've said it a thousand times, and I will say it again, and again, and again. What I see on the ground, and what I've seen at dozens of companies, including my company that I run, there are two sides to a business. There is revenue and there’s costs. On the cost side of the equation, AI can be used to reduce humans doing things that cost money, to some extent. The effect there, I would argue, is nominal. The real opportunity with AI is on the revenue side, where suddenly one engineer can do 100x or 1000x what they used to be able to do, meaning you can make more products at your company, whether those are agricultural seed products, or boats and ships, or software for companies, or clothing, or what have you. Because of AI, everyone has the ability to expand their revenue base to create more products, and that is the foundation of good economic prosperity. It is called productivity. We can grow productivity in this country with AI. So where I see AI being used is on the revenue side 100x more than the cost side. And in that equation, people are hiring like crazy. We cannot hire enough people. I just had a review meeting with my product and engineering team two days ago, and they're like, ‘We want to add an extra 15 headcount to our engineering squads because we have all this opportunity to do stuff that we couldn't otherwise do.’ So we are going to hire more people. And to Sacks' point, we are seeing that show up in the jobs numbers. The idea that AI is going to destroy jobs is a Luddite idea that is being disproven every single day, and I see it on the ground. It is only a matter of time before people wake up to this and they realize that this narrative that they've all been sold is a crock of sht.”

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🚩 Friedberg Says the AI Job Loss Narrative is a ‘Crock of Sh*t’ “The idea that AI is going to destroy jobs is a Luddite idea that is being disproven every single day … It is only a matter of time before people wake up to this.”

🚩 Friedberg Says the AI Job Loss Narrative is a ‘Crock of Sh*t’ “The idea that AI is going to destroy jobs is a Luddite idea that is being disproven every single day … It is only a matter of time before people wake up to this.”

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"AI has created more than half a million jobs. Companies that use AI grow faster. When they grow faster, they hire more people." NVIDIA CEO Jensen Huang counters threats of job displacement in his conversation with SCSP's Ylli Bajraktari on Memos to the President.

"AI has created more than half a million jobs. Companies that use AI grow faster. When they grow faster, they hire more people." NVIDIA CEO Jensen Huang counters threats of job displacement in his conversation with SCSP's Ylli Bajraktari on Memos to the President.

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.David Sacks: "I think that you can argue that the AI race is more important than the space race... What President Donald J. Trump did was lay out a plan for winning this AI race, so that America remains the most powerful country in the world."

.David Sacks: "I think that you can argue that the AI race is more important than the space race... What President Donald J. Trump did was lay out a plan for winning this AI race, so that America remains the most powerful country in the world."

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Despite the media fearmongering over a slight rise in inflation, the reality is the economy is booming. Maria Bartiromo: This idea of growth in AI and data centers is so enormous because it's going to actually create a whole new era of growth, creating construction jobs, AI and tech jobs, energy jobs.

Despite the media fearmongering over a slight rise in inflation, the reality is the economy is booming. Maria Bartiromo: This idea of growth in AI and data centers is so enormous because it's going to actually create a whole new era of growth, creating construction jobs, AI and tech jobs, energy jobs.

Laura Ingraham

118,628 görüntüleme • 11 ay önce

Is AI actually taking jobs? According to Paul Jankura's Head of Economics Peter McCrory, who says the data shows no meaningful difference in unemployment between AI-exposed jobs and others...so far.

Is AI actually taking jobs? According to Paul Jankura's Head of Economics Peter McCrory, who says the data shows no meaningful difference in unemployment between AI-exposed jobs and others...so far.

TechCrunch

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Chamath on why the AI capex spend might end up in a bubble Even though the race is on to adopt this technology as fast as possible, key economic indicators such as productivity and GDP growth are not yet showing any meaningful changes because of AI For the spend on AI to continue, companies need to be able to point to margin expansion or revenue growth that was directly contributed through AI A shoe company must be able to say they sold more shoes because of AI adoption A food or restaurant business must be able to say that they generated higher profits because of AI adoption This is simply not the case today. Until that happens, the AI thesis remains fickle

Chamath on why the AI capex spend might end up in a bubble Even though the race is on to adopt this technology as fast as possible, key economic indicators such as productivity and GDP growth are not yet showing any meaningful changes because of AI For the spend on AI to continue, companies need to be able to point to margin expansion or revenue growth that was directly contributed through AI A shoe company must be able to say they sold more shoes because of AI adoption A food or restaurant business must be able to say that they generated higher profits because of AI adoption This is simply not the case today. Until that happens, the AI thesis remains fickle

Boring_Business

144,072 görüntüleme • 1 ay önce

David Sacks: We're lucky that Trump's the President when this AI revolution is happening. @jason "Do an alt history, Sacks, what would happen if Kamala Ding Dong was in right now?" David Sacks "We'd have no data centers, and they'd be using AI to censor us, and they'd be promoting DEI values through AI. That was in the Biden executive order. President Trump just wants the country to win and be successful.

David Sacks: We're lucky that Trump's the President when this AI revolution is happening. @jason "Do an alt history, Sacks, what would happen if Kamala Ding Dong was in right now?" David Sacks "We'd have no data centers, and they'd be using AI to censor us, and they'd be promoting DEI values through AI. That was in the Biden executive order. President Trump just wants the country to win and be successful.

jay plemons

96,689 görüntüleme • 2 ay önce

Sen Josh Hawley: AI Needs To HELP American Workers, Not Take Their Jobs "When it comes to jobs, we've got to make sure that AI is actually helping workers, not taking away jobs, but helping them become more productive, creating new jobs. So, what we've done is we want to pass a law that says, let's get the facts. Let's make these companies report, how many jobs have they destroyed? How many jobs have they created? Let's make sure AI is actually doing something good for the American worker."

Sen Josh Hawley: AI Needs To HELP American Workers, Not Take Their Jobs "When it comes to jobs, we've got to make sure that AI is actually helping workers, not taking away jobs, but helping them become more productive, creating new jobs. So, what we've done is we want to pass a law that says, let's get the facts. Let's make these companies report, how many jobs have they destroyed? How many jobs have they created? Let's make sure AI is actually doing something good for the American worker."

Mr Producer

21,181 görüntüleme • 8 ay önce

.Steven Sinofsky: " This idea that AI just gets rid of jobs... it's ancient." "One of the things people thought was that computers would get rid of accountants. That was like IBM's pitch in like 1965. But what it actually did was like, oh my God, we could do so much more with accounting." " When you look at the notion of like creating information, synthesizing and all that, AI is an accelerant for that for a person who knows what they're doing. And companies are suddenly gonna want more of those people creating more of that information."

.Steven Sinofsky: " This idea that AI just gets rid of jobs... it's ancient." "One of the things people thought was that computers would get rid of accountants. That was like IBM's pitch in like 1965. But what it actually did was like, oh my God, we could do so much more with accounting." " When you look at the notion of like creating information, synthesizing and all that, AI is an accelerant for that for a person who knows what they're doing. And companies are suddenly gonna want more of those people creating more of that information."

MTS

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BARTIROMO: What can you do to offset the job cuts that will no doubt come as a result of AI efficiency? TRUMP: One thing, very simple -- bring more companies in, more jobs. The truth is we don't have enough people to take care of these jobs. We don't have enough people.

BARTIROMO: What can you do to offset the job cuts that will no doubt come as a result of AI efficiency? TRUMP: One thing, very simple -- bring more companies in, more jobs. The truth is we don't have enough people to take care of these jobs. We don't have enough people.

Aaron Rupar

83,209 görüntüleme • 1 yıl önce

Jensen Huang just explained why every company cutting engineers over AI is asking the entirely wrong question. Huang: “People say, I don’t need software engineers because apparently coding is going to be automated.” That was the narrative. Here is what Huang actually did. Huang: “I’ve given AIs to every one of my software engineers and hardware engineers and engineers period. 100% of NVIDIA has AI assistants, AI coders, and they’re busier than ever.” Not fewer engineers. Not smaller teams. Busier than ever. That is the line most companies are getting completely wrong right now. They hear “AI can write code” and immediately start cutting headcount. Huang did the opposite. He armed everyone. Huang: “And so the question is, what is the task versus what is the job? No different than a financial analyst; the task is mess around with spreadsheets, but the job is to make financial advice. The job is to help a customer.” Writing code was always the task. It was never the job. The job is architecture. Knowing what to build. Why it matters. How it fits into a system that actually creates value. Code is the execution layer between the idea and the outcome. Nothing more. When you automate that layer, you don’t eliminate the engineer. You eliminate the bottleneck between what they can envision and what they can ship. The companies using AI to cut headcount are optimizing for cost. The companies using AI to multiply output are optimizing for territory. Nvidia chose territory. Every engineer at the most valuable semiconductor company on Earth now operates with an AI assistant. Not a pilot program. Not an experiment. Company-wide. Every function. Every team. And the result is not less work. It is more work. Faster. At a scale that was physically impossible twelve months ago. The companies that understand the difference between eliminating engineers and unleashing them will build what comes next. The ones that don’t will watch their best talent walk out the door to the ones that did.

Jensen Huang just explained why every company cutting engineers over AI is asking the entirely wrong question. Huang: “People say, I don’t need software engineers because apparently coding is going to be automated.” That was the narrative. Here is what Huang actually did. Huang: “I’ve given AIs to every one of my software engineers and hardware engineers and engineers period. 100% of NVIDIA has AI assistants, AI coders, and they’re busier than ever.” Not fewer engineers. Not smaller teams. Busier than ever. That is the line most companies are getting completely wrong right now. They hear “AI can write code” and immediately start cutting headcount. Huang did the opposite. He armed everyone. Huang: “And so the question is, what is the task versus what is the job? No different than a financial analyst; the task is mess around with spreadsheets, but the job is to make financial advice. The job is to help a customer.” Writing code was always the task. It was never the job. The job is architecture. Knowing what to build. Why it matters. How it fits into a system that actually creates value. Code is the execution layer between the idea and the outcome. Nothing more. When you automate that layer, you don’t eliminate the engineer. You eliminate the bottleneck between what they can envision and what they can ship. The companies using AI to cut headcount are optimizing for cost. The companies using AI to multiply output are optimizing for territory. Nvidia chose territory. Every engineer at the most valuable semiconductor company on Earth now operates with an AI assistant. Not a pilot program. Not an experiment. Company-wide. Every function. Every team. And the result is not less work. It is more work. Faster. At a scale that was physically impossible twelve months ago. The companies that understand the difference between eliminating engineers and unleashing them will build what comes next. The ones that don’t will watch their best talent walk out the door to the ones that did.

Dustin

82,733 görüntüleme • 3 ay önce