On Sunday, Bernie Sanders (I-Vt) raised concerns about artificial intelligence-driven job losses, pointing to a stark warning from Verizon’s (NYSE:VZ) top executive.
Sanders Amplifies Verizon CEO’s AI Job Loss Warning
Sanders highlighted comments from Dan Schulman, who in January warned that advances in AI and robotics could push unemployment levels to between 20% and 30% within the next two to five years.
“When the CEO of Verizon predicts AI & robotics could lead to 20%-30% unemployment within the next few years, we may want to take notice,” Sanders wrote on X.
He added that AI is “the most transformative technology in human history” and cautioned, “We’re not prepared for it economically or socially. That must change. NOW.”
Schulman has warned that even jobs traditionally seen as secure — including manual labor roles — could face disruption as humanoid robotics and AI systems advance.
Corporate America Split on AI’s Impact
Last month, Nvidia Corp (NASDAQ:NVDA) Jensen Huang argued that technological innovation historically creates more jobs than it destroys.
“I think this is the experience for everybody – a lot of people are saying AI is coming, we’re going to run out of jobs – but it’s exactly the opposite,” he said during GTC 2026.
Silicon Valley investor Vinod Khosla has forecasted that AI could wipe out a large share of jobs by 2030.
JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon has called on businesses and policymakers to get ahead of looming workforce shifts.
A report released earlier this month from Goldman Sachs has found that workers displaced by technological change often suffer long-term financial setbacks.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: Lev Radin on Shutterstock.com
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