By @indianexpress
Publication Date: 2026-03-25 06:01:00
3 min readNew DelhiMar 25, 2026 11:31 AM IST
Top voices in the tech world are painting sharply different pictures of how artificial intelligence could reshape employment. While some leaders warn of mass job losses, others urge people to see disruption as an opportunity rather than a threat.
Bill McDermott, who heads ServiceNow, recently cautioned that AI could push unemployment beyond 30 per cent within a few years. In contrast, Aravind Srinivas, speaking on the All-In podcast episode recorded at Nvidia GTC, said people should not fear the transition. According to him, job losses tied to automation could actually help individuals break free from unfulfilling roles and encourage them to explore entrepreneurship.
“The reality is most people don’t enjoy their jobs,” Srinivas said. He argued that AI tools are opening “a new possibility, a new opportunity” for people to build small ventures of their own. Even if workers face short-term displacement, he suggested that “that sort of glorious future is what we should look forward to.”
Concerns about AI-driven layoffs are already surfacing. Last month, Jack Dorsey cut roughly 40 per cent of the workforce at Block, stating that “intelligence tools have changed what it means to build and run a company.” The layoffs – affecting around 4,000 employees – are part of more than 101,000 AI-related job losses in the United States since February 2025, according to figures from the nonprofit…