Artificial intelligence is increasingly shaping the global economy, triggering anxiety across several sectors, particularly the software industry, where layoffs have continued in recent months. Concerns have also intensified following the rise of Anthropic’s AI tools, with stock markets witnessing pressure and software professionals expressing uncertainty about job security.
Addressing these fears, Nvidia CEO Jensen Huang firmly rejected claims that AI poses a threat to software engineers. He said AI operates on existing software frameworks and tools and does not independently create entirely new technologies. According to Huang, AI primarily enhances efficiency by better utilizing current systems rather than replacing human expertise.
Google CEO Sundar Pichai also sought to reassure employees, stating that AI significantly boosts productivity by automating repetitive tasks and allowing professionals to focus on higher-value work. He noted that despite similar fears over the past two decades about technology eliminating jobs, new employment opportunities have continued to emerge consistently.
Pichai revealed that nearly 30 percent of Google’s code is now generated with the help of AI, which has accelerated innovation and shortened product development cycles. He added that this increased pace of innovation is creating a greater demand for skilled professionals rather than reducing workforce requirements.
Anthropic, whose AI developments have contributed to current market concerns, has also played down fears of job losses. Co-founder Daniela Amodei said that while AI may reduce the emphasis on manual coding, it will not diminish the importance of employees, noting that companies increasingly value communication skills, creativity, adaptability, and emotional intelligence in the AI-driven workplace.