Aug 04, 2025
Trump’s crypto-AI tsar David Sacks: AI job loss is ‘overhyped’
David Sacks says fears that AI will overtake human jobs are overblown, while a recent Microsoft study has flagged the top roles at risk.
White House AI and crypto czar David Sacks has pushed back on growing fears that AI will wipe out large swathes of the workforce, arguing it still relies heavily on human supervision to generate real business value.
His comments come after Microsoft researchers unveiled a list of the 40 positions most likely to be replaced by AI, some of which are roles also found within the crypto industry.
But Sacks said the “AI job loss narrative is overhyped,” pointing out in a Saturday post on X that AI still needs to be prompted and verified to “drive business value.”
Source: Cointelegraph →Related News
- 49 minutes ago
JPMorgan, Citi see Bitcoin Q4 boom: Here are their price targets
- 1 hour ago
Bitcoin ETFs kickstart ‘Uptober’ with $3.2B in second-best week on record
- 4 hours ago
Crypto VCs are ‘a lot more careful’ and not chasing narratives: Exec
- 6 hours ago
‘Very likely’ Bitcoin cycle will continue in some form: Gemini exec
- 9 hours ago
Coinbase goes after National Trust Charter — But don’t call it a bank