• AI "carnage" in job marke

    From Mike Powell@1:2320/105 to All on Thu Jan 29 09:00:34 2026
    'You shouldn't worry as much about AI taking your job as you should worry
    about someone who's very good using AI taking your job': Cisco CEO says
    effects of AI will cause "carnage" in the jobs market

    Date:
    Wed, 28 Jan 2026 16:10:00 +0000

    Description:
    Cisco CEO says "carnage" will hit future labor markets, IMF MD likens AI to a "tsunami" that will change how we see work.

    FULL STORY

    Cisco CEO Chuck Robbins has warned that, although AI will create new opportunities, it will also be responsible for "carnage along the way" with many companies unlikely to survive any post-bubble shakeout.

    Speaking with the BBC , Robbins argues AI will ultimately be "bigger than the internet," indicating that there's more to come, much like how the Dotcom bubble preceded the longer-term internet transformation.

    But these aren't baseless projections Cisco actually survived a similar
    bubble around the 2000 peak, when its stock fell roughly 80% after surging quickly. Robbins stressed that the same downfall could follow this initial AI boom.

    Cisco has already been through one bubble

    Moving on to workforce implications, Robbins warned that come roles will be eliminated entirely, and others reshaped. Customer service looks to be the
    most at-risk area, with colleagues who are "very good using AI" more likely
    to succeed.

    "You shouldn't worry as much about AI taking your job as you should worry
    about someone who's very good using AI taking your job," he summarized.

    Robbins also noted that AI has allowed attacks to become more sophisticated
    and less detectable, implying that cybersecurity teams might actually have their work cut out, so won't be immediately affected by AI-induced job
    losses.

    However, despite concerns that AI could be displacing human workers, a new UK Government report says it's still hard to categorically state that
    redundancies are a result of AI-driven productivity. Still, UK job adverts
    fell by 38% for high-AI-exposure occupations between 2022 and 2025 (via McKinsey research).

    Robbins isn't alone in sharing his concerns about AI's effects on the labor market. Speaking at the recent WEF conference in Davos (via CNBC ), International Monetary Fund Managing Director Kristalina Georgieva warned AI "is hitting the labor market like a tsunami, and most countries and most businesses are not prepared for it."

    Looking ahead, it's clear that workers must focus on upskilling to stand out from their competitors in a shifting jobs market.

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    Link to news story: https://www.techradar.com/pro/you-shouldnt-worry-as-much-about-ai-taking-your- job-as-you-should-worry-about-someone-whos-very-good-using-ai-taking-your-job- cisco-ceo-says-effects-of-ai-will-cause-carnage-in-the-jobs-market

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