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Billionaire tech CEO says bosses shouldn't 'BS' employees about the impact AI will have on jobs (www.cnbc.com)

submitted 1 month ago by [email protected] to c/[email protected]

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Jim Kavanaugh, CEO of World Wide Technology, told CNBC that people are “too smart” to accept artificial intelligence won’t alter their work environment.
Business leaders shouldn’t “BS” employees about the impact of AI on jobs, Kavanaugh said, adding that they should be as transparent and honest as possible.
Kavanaugh, who has a net worth of $7 billion, stressed that overall he’s an optimist when it comes to AI and its ability to improve productivity.

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[–] [email protected] 36 points 1 month ago

Summary:

Tech bro billionaire thinks no one knows what the impact of ai will be on the market but also that the impact will be huge for employees and that everyone should learn ai.

Conclusion: Tech bro billionaire invested in ai and has realized that there is barely any real money to be made as of right now, to cope with his apparent bad judgement, he doubles down on the idea that ai soon be worth it. To continue his plan, he needs more funding and he doesn't want to double down hard enough to do it all himself. So to find new investors, he sings the praise of ai and promises a great future, as the present looks... Well... Bad.