Artificial intelligence could not remove work altogether, however it may nonetheless trigger deep disruption to employees, in response to Fb co-founder Chris Hughes.

At a panel on AI and the future of work alongside economist Simon Johnson, entrepreneur and former presidential candidate Andrew Yang, and AI researcher Rumman Chowdhury, Hughes stated he expects AI to have a “significant impact” on labor markets—even when fears that machines will remove jobs completely are overstated.

“I’m involved in regards to the welfare of these employees and the way they discover a new job,” Hughes stated.

Whereas he isn’t anxious in regards to the rising variety of firms constructing instruments designed to automate duties historically carried out by folks, Hughes pushed again on the concept AI will make human work out of date.

“AI makes an attempt to exchange human cognition at occasions,” he stated. Nonetheless, intelligence is multidimensional, encompassing emotion, anticipation, empathy, and judgment—qualities he believes will stay uniquely human.

The talk comes amid a wave of company layoffs tied—at the very least rhetorically—to AI. 

Corporations, together with Meta and Amazon, have minimize 1000’s of roles whereas ramping up their investments in AI infrastructure. Jack Dorsey’s fintech firm, Block, slashed its workforce in half citing “intelligence instruments” as a cause for decreasing headcount. 

Nonetheless, different panelists stated the narrative is extra difficult, elevating questions on whether or not AI is really changing employees or just offering a handy rationalization for broader company restructuring.

“[Block’s] inventory went up over 20% inside 24 hours,” stated Yang, after Dorsey made his announcement. “No matter whether or not you query the true nature of whether or not it’s clever instruments—there’s a time period for it now, ‘AI-washing’—however to me, it’s indeniable that it’s now going to be the narrative playbook that CEOs of public firms crip from.”