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Davos Leaders Warn of AI-Driven Job Displacement Crisis

Davos Leaders Warn of AI-Driven Job Displacement Crisis

Author:

Global Cryptocurrency

Published:

2026-01-24 20:23:02

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Global business leaders at the World Economic Forum delivered stark warnings about AI's potential to disrupt labor markets. BlackRock's Larry Fink drew parallels between AI's threat to white-collar jobs and globalization's impact on manufacturing workers, demanding concrete plans for workforce transitions.

JPMorgan's Jamie Dimon highlighted acute risks like autonomous vehicles displacing millions of truck drivers, urging governments to prepare intervention strategies. 'When technology eliminates entire job categories overnight, the social consequences become explosive,' Dimon cautioned during closed-door sessions.

Anthropic CEO Dario Amodei escalated concerns by predicting transformative AI systems could emerge within 6-12 months. The discussions revealed a growing divide between technological Optimism and pragmatic fears about economic stability.

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