DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

David Sacks says the doomsday scenario of AI wiping out jobs is ‘overhyped’

August 9, 2025
in News
David Sacks says the doomsday scenario of AI wiping out jobs is ‘overhyped’
5.6k
SHARES
15.9k
VIEWS
Share on FacebookShare on Twitter
David Sacks, US President Donald Trump's AI and Crypto Czar.
David Sacks

Kayla Bartkowski/Getty Images

David Sacks, the White House AI and crypto czar, is throwing cold water on the AGI hype train.

AI companies are racing to achieve AGI, or artificial general intelligence, commonly considered a form of AI that can reach human levels of reasoning. The continued advancement of AI has led some to believe that the technology will lead to a large-scale wipeout of jobs or even worse outcomes, like human extinction.

Sacks, a tech investor who has supported major companies such as Airbnb, Facebook, and Uber, wrote in an X post on Saturday that AI hasn’t progressed as quickly as many have predicted — specifically, the idea that AI will “self-improve” and rapidly achieve “godlike superintelligence” has been blown out of proportion.

“None of this is to gainsay the progress. We are seeing strong improvement in quality, usability, and price/performance across the top model companies. This is the stuff of great engineering and should be celebrated,” Sacks wrote in his post. “It’s just not the stuff of apocalyptic pronouncements. Oppenheimer has left the building.”

One of the doomsday scenarios Sacks rejected in his post is the fear that AI will lead to massive job losses.

The investor said that’s yet to pan out since AI relies on a lot of human input for prompts and for verification.

“This means that apocalyptic predictions of job loss are as overhyped as AGI itself,” he said. “Instead, the truism that ‘you’re not going to lose your job to AI but to someone who uses AI better than you’ is holding up well.”

Sacks isn’t the only AGI naysayer.

Google Brain’s cofounder Andrew Ng said at a June Y Combinator talk that “AGI has been overhyped” and that “there’ll be a lot of things that humans can do that AI cannot.”

Google CEO Sundar Pichai said in a Lex Fridman podcast that he likes to use the term AJI, or “artificial jagged intelligence,” to describe the current phase of AI — one that is remarkably intelligent but can still make basic mistakes.

Sacks did not respond to a request for comment.

The post David Sacks says the doomsday scenario of AI wiping out jobs is ‘overhyped’ appeared first on Business Insider.

Share2222Tweet1389Share
Israeli army, settlers target Palestinian olive harvesters in West Bank
News

Israeli army, settlers target Palestinian olive harvesters in West Bank

by Al Jazeera
October 31, 2025

This olive harvest season in the occupied West Bank has witnessed the highest level of damage and number of illegal ...

Read more
Movie

CNN host compares ICE crackdown to horror movie, suggests parents will be ‘abducted’ while trick-or-treating

October 31, 2025
Food

The Price of Canned Food Is Creeping Up

October 31, 2025
News

Wealthy American parents can’t get enough of Britain’s $170,000 nannies

October 31, 2025
Business

Billie Eilish to billionaires: ‘No hate, but give your money away, shorties”

October 31, 2025
Ohio panel adopts new US House districts that could help Republicans in next year’s election

Ohio panel adopts new US House districts that could help Republicans in next year’s election

October 31, 2025
Celebrate the holiday season at Cullman’s German Christmas Market

Celebrate the holiday season at Cullman’s German Christmas Market

October 31, 2025
Apple expects to finish the year with a monster quarter — and turn things around in China

Apple expects to finish the year with a monster quarter — and turn things around in China

October 31, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.