'Theres no sign in the data that AI is costing anybody their job right now': White House National Economic Council Director says AI isnt leading to cuts despite widespread and well-publicized layoffs across the world

Date:
Tue, 12 May 2026 11:25:00 +0000

Description:
White House National Economic Council Director says AI isnt causing job cuts
- despite widespread evidence to the contrary.

FULL STORY ======================================================================Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Threads Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter White House Director says AI isn't to blame for job cuts Kevin Hassett says "Theres no sign in the data that AI is costing anybody their job right now" This is despite a large
number of well-publicized incidents where exactly this has happened A senior White House figure has denied that the rising presence of AI is leading to
job cuts, despite a large number of examples saying just that.

Speaking to CNBC , White House National Economic Council Director Kevin Hassett said there were no negative impacts being felt on US employment by AI at the moment. Theres no sign in the data that AI is costing anybody their
job right now," Hassett said, "but we are studying the future of AI and what it means for the workforce, so weve got a big taskforce on that. Latest
Videos From You may like Sam Altman says some companies are AI washing by blaming unrelated layoffs on the technology but admits things may get worse soon LinkedIn exec says AI isn't causing a big drop-off in hiring just yet Zuckerberg blames Meta layoffs on AI costs - with more job cuts possibly to come AI and job cuts In fact, Hassett doubled down on his statement, adding that companies which adopt AI tend to see rapid revenue growth and even employment growth, and its the ones that dont do that that fall behind a little bit.

Hassett's comments may come as a surprise to some, given the numerous
examples recently of companies confirming they are laying off human workers directly because of AI.

Most notably, Microsoft has reduced headcount in several divisions while massively increasing its AI spending through OpenAI partnerships and AI infrastructure expansion.

Meta CEO Mark Zuckerberg has repeatedly described the company's push toward leaner, more AI-driven teams while cutting thousands of jobs, while recent restructuring and layoffs were linked to AI-focused efficiency and investment priorities. Are you a pro? Subscribe to our newsletter Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed! Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners
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Alphabet CEO Sundar Pichai told staff in early 2024 that further job cuts
were needed to fund the companys ambitious goals in AI, before later saying
in June 2025 that it wouldn't be doing so .

In May 2025, Anthropic CEO Dario Amodei also warned the US government about the risk AI poses to white-collar jobs , predicting up to half of all entry-level roles could be taken by AI, leading to unemployment of as much as 20% in the next one to five years.

GitLab also recently announced layoffs and restructuring explicitly tied to what CEO Bill Staples called the agentic era of AI software development . The company said software would increasingly be built by machines, directed by people. What to read next 'AI creates jobs': Nvidia CEO Jensen Huang once again says workers have nothing to fear OpenAI exec says AI 'doomers' are holding back incredible economic opportunities Gartner warns companies
relying on layoffs to free up room for AI may be caught out

However Hassett is not alone in trying to promote the use of AI in the workplace, with his views echoed by a number of other leading figures.

This includes Nvidia CEO Jensen Huang, who is doing his part to talk up the advantages of AI for some time, especially when it comes to trying to dispel fears over human job losses , focusing instead on the part it would play in automating routine or boring tasks, freeing up human workers for more
engaging areas.

Huang said that people who believe an entire role will be replace simply due to a single part being automated, misunderstand that the purpose of a job and the task of a job are related. Follow TechRadar on Google News and add us as
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Link to news story: https://www.techradar.com/pro/theres-no-sign-in-the-data-that-ai-is-costing-an ybody-their-job-right-now-white-house-national-economic-council-director-says- ai-isnt-leading-to-cuts-despite-widespread-and-well-publicized-layoffs-across- the-world


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