Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
The 3 sectors where wage growth is still outpacing inflation

The 3 sectors where wage growth is still outpacing inflation

June 11, 2026
US Army mortar crews need fast firing solutions. Now, there’s an app for that.

US Army mortar crews need fast firing solutions. Now, there’s an app for that.

June 11, 2026
Why this small-cap Russell 2000 ETF is beating all major indexes in 2026

Why this small-cap Russell 2000 ETF is beating all major indexes in 2026

June 11, 2026
The New York Knicks’ historic win was full of delightful celebrity moments

The New York Knicks’ historic win was full of delightful celebrity moments

June 11, 2026
TikTok’s ‘Computah’ guy is the best use of Meta’s Ray-Bans

TikTok’s ‘Computah’ guy is the best use of Meta’s Ray-Bans

June 11, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
June 11, 2026 2:08 pm EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » Anthropic CEO says an ‘intrinsic’ feature of AI may be fewer jobs. His answer? Redistribute the upside.
Anthropic CEO says an ‘intrinsic’ feature of AI may be fewer jobs. His answer? Redistribute the upside.
Markets

Anthropic CEO says an ‘intrinsic’ feature of AI may be fewer jobs. His answer? Redistribute the upside.

News RoomBy News RoomJune 10, 20263 ViewsNo Comments

Dario Amodei says he’s not trying to be a “prophet of doom” about AI and jobs, but the Anthropic CEO is warning that mass displacement may not be a temporary growing pain of the technology — it may be part of what makes AI work.

In a new policy essay, Amodei wrote that there is a “decent possibility” that, despite efforts to soften the blow, AI could cause “significant enduring job loss” — and that this “may be an intrinsic property of the technology and the way it broadly replicates human cognition.”

The argument reframes one of the AI industry’s most uncomfortable questions. If AI systems are designed to perform more of the cognitive work humans do, then job losses may not simply be the result of bad corporate behavior or short-term adjustment, as some executives argue. Amodei suggests they could be a structural consequence of successful AI development.

In other words, a feature, not a bug.

Amodei has sounded alarms on this before. He previously warned that AI could eliminate half of entry-level white-collar jobs within five years and push unemployment to 10% to 20%, urging companies and policymakers to stop “sugarcoating” the risk. His latest essay is less about predicting a specific jobs apocalypse than spelling out what governments should do if enduring displacement arrives.

His answer is twofold: slow the damage and share the gains.

Amodei called for better “measurement and tracking” of AI’s labor-market effects, including expanded government statistics. He also endorsed “pro-employment incentives” such as wage insurance for workers who have to take lower-paying jobs due to the technology, retention tax incentives, workforce training grants, and better job-matching infrastructure.

If AI permanently reduces demand for human labor, he wrote, governments may need to go further, including “long-term income support” such as universal basic income, financed by taxes on relevant companies or higher capital gains taxes. He also floated universal capital accounts as another way to spread AI-created wealth.

The essay lands amid a broader shift in tone, as some of the industry’s most prominent AI leaders, including Amodei and OpenAI CEO Sam Altman, have recently stressed productivity gains and new economic opportunities rather than warnings of job losses.

Business Insider recently reported that the executives — who once highlighted AI’s disruptive effects — are now spending more time discussing how workers and society can benefit from the technology’s gains as they gear up for hotly anticipated IPOs.

Amodei’s latest policy memo said Anthropic aims to help corporate customers find new revenue and “do more with their existing workforce,” rather than focusing solely on cost savings. However, he said, if AI’s upside is truly as enormous as he argues, society needs a plan for workers who may not automatically share in its gains.



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

US Army mortar crews need fast firing solutions. Now, there’s an app for that.

US Army mortar crews need fast firing solutions. Now, there’s an app for that.

Why this small-cap Russell 2000 ETF is beating all major indexes in 2026

Why this small-cap Russell 2000 ETF is beating all major indexes in 2026

TikTok’s ‘Computah’ guy is the best use of Meta’s Ray-Bans

TikTok’s ‘Computah’ guy is the best use of Meta’s Ray-Bans

AI founder declares the ‘era of token-maxxing is coming to an end’

AI founder declares the ‘era of token-maxxing is coming to an end’

An AH-64 Apache attack helicopter went down near Iran. Take a closer look at its weapons and capabilities.

An AH-64 Apache attack helicopter went down near Iran. Take a closer look at its weapons and capabilities.

I’m helping secure the World Cup with threat-detection dogs. Here’s what it takes to keep fans safe.

I’m helping secure the World Cup with threat-detection dogs. Here’s what it takes to keep fans safe.

At 33, I became CEO of an organization that provides care services for seniors. It changed how I see aging.

At 33, I became CEO of an organization that provides care services for seniors. It changed how I see aging.

Workers are spending over 6 hours a week ‘botsitting’ AI, fueling job frustration

Workers are spending over 6 hours a week ‘botsitting’ AI, fueling job frustration

GM releases software update letting some EV owners sell power to the grid

GM releases software update letting some EV owners sell power to the grid

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

US Army mortar crews need fast firing solutions. Now, there’s an app for that.

US Army mortar crews need fast firing solutions. Now, there’s an app for that.

June 11, 2026
Why this small-cap Russell 2000 ETF is beating all major indexes in 2026

Why this small-cap Russell 2000 ETF is beating all major indexes in 2026

June 11, 2026
The New York Knicks’ historic win was full of delightful celebrity moments

The New York Knicks’ historic win was full of delightful celebrity moments

June 11, 2026
TikTok’s ‘Computah’ guy is the best use of Meta’s Ray-Bans

TikTok’s ‘Computah’ guy is the best use of Meta’s Ray-Bans

June 11, 2026
Ignore Him and Do These 6 Things Instead

Ignore Him and Do These 6 Things Instead

June 11, 2026

Latest News

I reluctantly joined a water aerobics class, and it changed my life. I met new friends there, and they helped me rethink aging.

I reluctantly joined a water aerobics class, and it changed my life. I met new friends there, and they helped me rethink aging.

June 11, 2026
AI founder declares the ‘era of token-maxxing is coming to an end’

AI founder declares the ‘era of token-maxxing is coming to an end’

June 11, 2026
I paid ,600 to like my closet again

I paid $1,600 to like my closet again

June 11, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.