Bloomberg Surveillance · Monday, August 10, 2026
Stephen Adlin from the Conference Board stated that AI is creating net jobs and improving the quality of work by automating grunt work and allowing employees to focus on higher-order tasks. He dismissed fears of mass job losses due to AI, drawing parallels to previous technological transitions that ultimately boosted productivity and created new roles. Adlin stressed that AI is an exciting frontier that should not be feared.
“This whole AI thing is scary because it's yet another transition, and for a while people were saying oh, it's going to kill jobs. If you remember, this is the same thing that's happened over the past fifty years that every evolution of technology, right so the digital technology continues, that hasn't happened. We haven't seen on the sale lots of jobs right now.”
“What you're seeing is massive investment and the hope from you know, and that's helping the AI industry the firms that are doing it, but everybody else is investing like crazy, and the hope is that they can drive some productivity, not an elimin HB, but drive productivity.”
“AI is actually creating jobs, net jobs and it's changing the way workflows and so the quality of their work will improve.”