AI Automation Fuels Job-Loss Fears as Anthropic CEO Sees Impact on 20% of Jobs

The accelerating use of generative AI to automate corporate operations has raised concerns that shrinking white-collar employment could hit consumer spending and incomes. Even a modest rise in overall unemployment could widen wealth inequality. Anthropic CEO Dario Amodei has warned that the impact could approach the scale of the Great Depression of the 1930s.

According to the latest report, Amodei estimates that AI could automate away as many as 20% of jobs over the next several years. The article did not disclose the exact date of his remarks or quantify the potential losses, but said a full-blown “job apocalypse” would not be necessary to trigger corporate layoffs, weaker household spending and slower economic growth.