Executives and experts have issued mixed forecasts on the AI impact on labour market, with some warning of job displacement while others expect new roles created through AI-driven workplace changes.

AI impact on labour market: Who says jobs will vanish?

Priyanshu Kumar
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Priyanshu Kumar
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AI impact on labour market expectations has shifted as technology leaders and economists issue sharper warnings about automation and job disruption. According to Moneycontrol’s tracker published on February 17, 2026, executives across AI, banking, and tech outlined how AI-driven workplace changes may reshape employment worldwide.

What changed in AI impact on labour market debate

Over the last two years, AI impact on labour market discussions moved from cautious statements to direct forecasts. Anthropic CEO Dario Amodei said AI could remove nearly half of entry-level white-collar jobs within one to five years. Microsoft AI chief Mustafa Suleyman also said professional tasks could see automation within 12 to 18 months.

Several leaders linked AI adoption to workforce reductions. Amazon CEO Andy Jassy said some roles may need fewer workers. IBM CEO Arvind Krishna noted that automation could affect non-customer-facing jobs over the next five years.

Impact on AI-driven workplace changes

AI-driven workplace changes are also being framed as transformation rather than elimination. Nvidia CEO Jensen Huang said workers may face displacement not from AI itself, but from others using AI tools. Entrepreneur Mark Cuban argued new jobs will emerge through implementation demand.

In India, business leaders offered mixed views. Infosys chairman Nandan Nilekani warned of backlash if job losses dominate AI’s visible impact. Nasscom president Rajesh Nambiar said enterprise complexity will keep demand strong for IT services.

How the labour market outlook differs across industries

Banking executives also highlighted AI impact on labour market shifts. Bank of America CEO Brian Moynihan cited historical examples where employment expanded despite automation fears. JPMorgan CEO Jamie Dimon said AI could eventually shorten workweeks, but retraining remains essential.

Other voices, including Bill Gates, supported taxing automation-driven job replacement to fund reskilling. Meanwhile, Elon Musk described AI as capable of making many roles obsolete, calling its labour impact a “supersonic tsunami.”

The tracker shows that AI impact on labour market outcomes remains contested, with predictions ranging from mass displacement to job evolution through new roles and productivity-driven change.

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