Kevin O'Leary On What Happens to Human Jobs If AI Takes Over: Capitalism Is 'Volatile' But Still Better Than Any 'Alternative Anywhere On Earth'

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As layoffs begin to ripple through the U.S. economy and AI systems grow more capable by the day, a deeper worry is taking hold: if machines can do most jobs better than humans, what work is left for ...

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People have always panicked during major technological shifts like Henry Ford's assembly line and the internet boom of the 1990s, O'Leary said. 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Capitalism usually adapts over time as new uses for technology emerge, he added. \nAsked by Carlson what kinds of jobs humans would actually do in an AI-driven future, he said new opportunities will come in robotics, medical science and data centers. \n\"Everybody’s hysteria about losing jobs, making hamburgers or flipping them, being replaced by a robot, that’s probably true,\" O'Leary said. \"But all kinds of new technology will become available over time, including in medical science and biology and all kinds of things where the models can be used. I’m extremely optimistic.\"\nSee Also: Real estate. Crypto. Private deals. Most retirement accounts don't allow them — self-directed IRAs do.\nU.S. job cuts rose to 83,387 in April, up 38% from March, according to workforce consulting firm Challenger, Gray & Christmas. AI accounted for about 26% of total layoffs during the month. AI has been cited for 49,135 job cuts so far this year, ranking as the third-leading cause of layoff plans, Challenger said.\nO'Leary entered the data center business after seeing how critical it is for the U.S. in its AI competition with China, he told Carlson. He said his data center projects would directly and indirectly create \"millions\" of jobs.\nO'Leary is facing backlash on his planned Utah data center project over its heavy energy use and environmental impact. The proposed project would build a multi-phase AI campus with up to 9 gigawatts of power capacity to support large-scale AI computing.\n\"Just think about the new technologies we don’t even know yet that are going to be built off AI,\" O'Leary said. \"Everybody thinks when television came, everybody would lose their job in radio. That was complete BS.\" \nRead Next: \nArrived\nAdviserMatch\nAccredited Debt Relief\nFinance Advisors\nImage: Imagn\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2641178537","isCrawlerRequest":true}