Cathie Wood has a bold take on AI stealing your job | Official Website of Louis Velazquez, entrepreneur, finance guy and tech innovator

Since the beginning of the year, there’s been a common story circling the internet again and again: AI is going to take your job.

As the AI boom continues to grow, with major companies from Meta to Google investing billions to compete, it’s easy for the everyday white-collar worker to look at these headlines and feel uneasy.

💵💰Don’t miss the move: Subscribe to TheStreet’s free daily newsletter💰💵

While it seems as if all the worrisome AI news is new, it’s actually not at all, as some companies have been using the technology for years already.

Microsoft let go of many of its news editors in favor of AI automation some years ago, but then got into trouble in 2023 for publishing multiple AI-generated stores via MSN that were not factual, such as one story that reported President Joe Biden fell asleep during a moment of silence for victims of the catastrophic Maui wildfire.

Despite AI’s penchant for making errors, companies are continuing to adopt the technology en masse, further worrying those whose jobs could be caught in the crosshairs.

Ark Invest’s Cathie Wood takes on the hot topic of AI stealing human jobs.

Image source&colon; Fallon/AFP via Getty Images

More jobs at risk in the age of AI

Media is not the only sector at risk in in AI revolution.

Some of the careers that have been targeted as first to be replaced by AI include data entry, scheduling, and customer service. Bookkeeping, financial modeling, and basic data analysis are also highly vulnerable.

More Experts:

According to a McKinsey report, 30% of current U.S. jobs could be automated by 2030, with 60% significantly altered by AI tools.

Goldman Sachs also reports that up to 50% of jobs could be fully automated by 2045.

Some expert advice looks like doom and gloom for the common worker. Anthropic CEO Dario Amodei, for instance, said last week that AI could wipe out half of all entry-level white-collar jobs and spike unemployment to 10-20% in the next one to five years.

But according to Ark Invest CEO and star investor Cathie Wood, there’s more to the story than people are seeing — and it’s not as frightening as some would have you believe.

Cathie Wood has good news about the future of AI and your job

During a recent interview on Diary of a CEO with host Steven Bartlett, Cathie Wood addressed the hot topic of AI eliminating human jobs. Her angle was very different from the typical message out there right now.

“I also think about this [AI] as giving us superintelligence,” Wood said.

Wood also tweeted a clip of the interview on X with a comment: “@StevenBartlett drilled into the impact of AI and robotics on our jobs, all jobs. History shows that new technologies create many more jobs than they displace. We do not think that this time will be different. After our interview, I asked chatGPT and Grok3 for a list of new jobs.”

Wood continued in a second tweet in the thread, saying, “ChatGPT and Grok3 were full of job ideas. Test them yourselves, but be sure your prompt includes ideas from futurists and sci-fi. While we mere mortals can’t imagine many of the future jobs, I learned that chatGPT and Grok3 can!”

So before you panic about your imagined joblessness in the next decade, it may be time to ask your LLM of choice about what the job you do today might turn into. It may be something you haven’t even imagined.