Group 1 - Business leaders at the World Economic Forum expressed optimism about technology, particularly AI, creating new jobs despite potential job losses [1][2] - Jensen Huang, CEO of Nvidia, highlighted that sectors like energy, chips, and infrastructure are generating jobs, emphasizing the positive impact of AI on employment [2] - Concerns about AI's implications were raised, including potential mental health issues and skepticism from labor unions regarding the benefits of technological advancements [3][4] Group 2 - Matthew Prince, CEO of Cloudflare, noted that AI's advancement could threaten small businesses as autonomous agents may take over consumer interactions [5][6] - Rob Thomas from IBM stated that AI has reached a point where it can provide a return on investment through automation of tasks and processes [7] - A survey by PwC revealed that only 12.5% of CEOs believe AI is effectively lowering costs and generating revenue, indicating uncertainty about sustainable business models in the AI landscape [7]
'Jobs, jobs, jobs' the AI mantra as fears take back seat in Davos
Yahoo Finance·2026-01-23 15:04