Cognizant CEO Says AI Will Create More Jobs Despite Industry Layoffs

Cognizant CEO Ravi Kumar is optimistic that AI will create more job opportunities for fresh graduates, arguing that AI reduces the need for deep expertise and enables faster upskilling, leading to a 37% productivity increase among less experienced developers. Kumar envisions a shift where engineers transition from coding human workflows to designing systems that manage AI agents, thereby expanding software adoption. However, this view contrasts sharply with Anthropic CEO Dario Amodei, who warns that AI could eliminate up to half of entry-level white-collar jobs within five years, sparking concerns about an unemployment spike in technical fields. Nvidia CEO Jensen Huang also rejects Amodei's pessimistic forecast, emphasizing the potential for AI to unlock creative opportunities and advocating for transparent, responsible AI development. These differing perspectives highlight a broader debate on AI's impact on employment, with some leaders emphasizing AI's role as a job creator and enhancer, while others caution about significant job displacement risks. Google CEO Sundar Pichai echoes a more positive outlook, suggesting AI will not replace human jobs, though OpenAI co-founder Ilya Sutskever presents a more cautionary stance.