SkyBridge Capital founder Anthony Scaramucci on Tuesday said artificial intelligence (AI) will not replace most workers directly but will reshape job competition by favoring those who know how to use AI effectively.

AI Changes Workplace Competition

In a post on X, Scaramucci wrote, "You're not going to lose your job to AI. You might lose it to somebody who knows how to use AI."

He said AI has made him "a smarter, more thoughtful writer and producer," adding that much of his research now begins with AI tools.

He emphasized that results depend on the quality of user input, stating that "the key is asking it the deepest, most penetrating questions you can think of."

Scaramucci also argued that broader adoption of AI could significantly increase productivity.

He suggested that those gains could eventually reduce working hours while maintaining living standards, writing that AI could enable a "four or even three-day workweek," with people working "20 to 40 percent less" while preserving similar lifestyles.

AI And Jobs Debate

Earlier, David Sacks and Goldman Sachs CEO David Solomon said fears that AI would trigger mass unemployment had been overstated, arguing instead that AI would reshape rather than eliminate jobs.

Sacks supported Solomon's view that AI would transform labor markets while still creating new opportunities.

Amazon.com Inc (NASDAQ:AMZN) founder Jeff Bezos also dismissed concerns about widespread job losses, saying AI would "elevate" workers rather than replace them.

He said fears of job displacement among professionals such as software engineers and radiologists were misplaced, adding that he expected increased productivity to lead to a broader labor shortage and lower costs in goods like food and housing.

JPMorgan Chase CEO Jamie Dimon took a more cautious stance, warning that AI could significantly disrupt employment and urging governments and companies to prepare early for potential workforce reductions.

He said automation was already reshaping jobs at JPMorgan, though the company was focusing on retraining and redeploying affected workers.

Dimon also stressed the need for gradual adoption and stronger workforce transition policies.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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