{"id":70210,"date":"2025-08-15T12:34:10","date_gmt":"2025-08-15T12:34:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/70210\/"},"modified":"2025-08-15T12:34:10","modified_gmt":"2025-08-15T12:34:10","slug":"top-exec-reveals-the-stupidest-thing-companies-adopting-ai-can-do","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/70210\/","title":{"rendered":"Top exec reveals the \u2018stupidest thing\u2019 companies adopting AI can do"},"content":{"rendered":"<p>                Facebook<\/p>\n<p>                Tweet<\/p>\n<p>        <a class=\"social-share_labelled-list__share\" href=\"mailto:?subject=CNN%20content%20share&amp;body=Check%20out%20this%20article%3A%0Ahttps%3A%2F%2Fwww.cnn.com%2F2025%2F08%2F15%2Ftech%2Fjobs-ai-artificial-intelligence-cisco\" data-type=\"email\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"share with email\" title=\"Share with email\"><\/p>\n<p>                Email<br \/>\n        <\/a><\/p>\n<p>                Link<\/p>\n<p>      Las Vegas<br \/>\n        \u00a0\u2014\u00a0<\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn5a6j000t25nrgkt83qam@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The president of Cisco rejects the doomsday warnings from some tech leaders that artificial intelligence will make entry-level jobs vanish.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml00033b6n8hwlaje5@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cI just refuse to believe that humans are going to be obsolete. It just seems like it\u2019s an absurd concept,\u201d Jeetu Patel, who\u2019s also the chief product officer at AI infrastructure company Cisco, told CNN.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml00043b6n2gpttg90@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            While Patel acknowledged there will be \u201cgrowing pains where people will get disrupted,\u201d he strongly pushed back on Anthropic CEO Dario Amodei\u2019s comments saying <a href=\"https:\/\/www.cnn.com\/2025\/05\/29\/tech\/ai-anthropic-ceo-dario-amodei-unemployment\" rel=\"nofollow noopener\" target=\"_blank\">AI will spike unemployment to as high as 20%<\/a> and eliminate half of all white-collar entry level jobs.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebszwbs00013b6nizntoztu@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            He\u2019s one of several tech leaders that have pushed back on Amodei\u2019s narrative; <a href=\"https:\/\/www.cnn.com\/2025\/07\/21\/tech\/ai-replace-human-workers-tech-insiders-split\" rel=\"nofollow noopener\" target=\"_blank\">others have said<\/a> AI is likely to change jobs by requiring workers to adopt new skills rather than wiping out jobs completely. Still, his comments come amid a plunge in entry-level hiring and as tech giants are increasingly using AI in the workplace, raising questions about the future of work.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml00053b6nukefzcdw@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cDario is a friend. We are investors in Anthropic. I have a ton of respect for what he\u2019s done. In this area though, I have a slightly different opinion on a couple of different dimensions,\u201d Patel said Wednesday at Ai4, an AI conference in Las Vegas. \u201cI reject the notion that humans are going to be obsolete in like five years, that we\u2019re not going to have anything to do and we\u2019re going to be sitting on the beach\u2026 It doesn\u2019t make any sense.\u201d\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebp09y2000c3b6nvwdwetfv@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            In particular, Patel said he has a \u201chuge concern\u201d with Amodei\u2019s line of thinking that AI could wipe out entry-level jobs because companies benefit from adding younger workers who often better understand new technologies.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml00073b6neyd8og9f@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cIf you just say, \u2018I\u2019m going to eradicate all entry-level jobs,\u2019 that\u2019s the stupidest thing a company can do in the long term because what you\u2019ve done is you\u2019ve actually taken away the injection of new perspective,\u201d the Cisco exec said.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebp8o2c000e3b6nbrmd7ev7@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Patel argued that for some jobs, having significant experience can be a \u201cmassive liability.\u201d For instance, he said people often hold assumptions about things that may not have worked five years ago, but do now.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml00093b6nfw0dv48s@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            That\u2019s why Patel said he spends \u201can enormous amount of time\u201d with younger employees and interns.\n    <\/p>\n<p>       <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/gettyimages-1251749092.jpg\" alt=\"Jeetu Patel, the president of Cisco, in April 2023. He said younger employees and interns often give new perspectives.\" class=\"image_large__dam-img image_large__dam-img--loading\" onload=\"this.classList.remove('image_large__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"1333\" width=\"2000\" loading=\"lazy\"\/><\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000a3b6n34ibfcip@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cI learn a lot from people who\u2019ve just gotten out of college because they have a fresh and unique perspective. And that perspective coupled with (my) experience makes magic happen,\u201d Patel said. \u201cIt would be a really bad strategy to not have early in career people and entry level people injected in your workplace.\u201d\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000d3b6n7p1zhaoa@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            However, some economists say there are early signs suggesting AI may already be depressing entry-level jobs.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000e3b6n2vmksx4r@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Even though the overall job market has been mostly healthy, the Class of 2025 faces the <a href=\"https:\/\/www.cnn.com\/2025\/06\/02\/business\/jobs-market-college-graduate-economy\" rel=\"nofollow noopener\" target=\"_blank\">worst job market for new college graduates<\/a> in years.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000f3b6nnny59lbr@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            For the first time since tracking started in 1980, the unemployment rate for recent graduates (those 22 to 27 years old with at least a bachelor\u2019s degree) is higher than the national unemployment rate, according to Oxford Economics.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000g3b6nvdhfe54i@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Entry-level hiring has tumbled by 23% between March 2020 and May 2025, outpacing the 18% decline in overall hiring over that span, according to <a href=\"https:\/\/www.linkedin.com\/pulse\/entry-level-labor-market-strained-amid-intensifying-p9die\/?trackingId=RSbQhbyGFPCG5kRn%2B%2FHY2w%3D%3D\" target=\"_blank\" rel=\"nofollow noopener\">data from LinkedIn<\/a>.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn7pet00003b6nwryc8kxt@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            This is happening for a variety of reasons, some of them unrelated to AI.\n    <\/p>\n<p>       <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/gettyimages-2221408004.jpg\" alt=\"The Class of 2025 faces the worst job market for new college graduates in years.\" class=\"image_large__dam-img image_large__dam-img--loading\" onload=\"this.classList.remove('image_large__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"1333\" width=\"2000\" loading=\"lazy\"\/><\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000h3b6n8pzp7usb@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            But AI does seem to be playing a role, some economists say. For instance, Oxford Economics noted that employment in two industries vulnerable to AI disruption \u2014 computer science and mathematics \u2014 has dropped by 8% since 2022 for recent graduates. By comparison, employment has little changed in those industries for older workers.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000i3b6nig7hyizy@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cAI is definitely displacing some of these lower-level jobs,\u201d Matthew Martin, senior US economist at Oxford Economics, told CNN in June.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000j3b6ngktf9j3d@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Economists and AI researchers say the jobs most at risk involve repetitive tasks that can be automated, such as data input.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000k3b6nfs1e2o2e@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cThe less interesting clerical jobs will go away. They will be automated. And if you don\u2019t automate, you\u2019ll go out of business,\u201d Alan Ranger, vice president of marketing at  Cognigy, told CNN on the sidelines of Ai4.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000l3b6n6w6km1ae@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Cognigy would know: It sells conversational AI agents that provide customer support for banks, airlines and other companies.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000m3b6nnvmshkg4@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Ranger said Cognigy\u2019s AI agents came to the rescue when German airline Lufthansa had to cancel every flight due to a strike in Germany earlier this year. The technology allowed Lufthansa to rebook thousands of flights per minute, he said.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000n3b6no6gm00io@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Ranger argued that companies won\u2019t massively lay off customer support workers because humans still need to manage the AI agents, design the software and tackle other complex issues.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000o3b6n0e68xeh5@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Yet he did concede that companies will have fewer customer support workers in the future as people leave the industry and retire, and because firms will hire for different roles.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000p3b6n13ormh3d@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cAccount management and sales roles won\u2019t get replaced anytime soon,\u201d Ranger said. \u201cAn AI can\u2019t buy you a steak dinner.\u201d\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000q3b6ncscpvzbv@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Patel, the Cisco executive, said the onus is on the tech industry and society as a whole to ensure a smooth transition to superintelligent AI.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000r3b6nqbaqg8au@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cIn tech, we live in a bubble. We keep thinking, \u2018Oh, disruption is just part of it.\u2019 But when a steel mill worker gets disrupted, they don\u2019t become an AI prompt engineer,\u201d he said.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000s3b6n6ej27coc@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Patel said there is a lot of retraining and reskilling that must be done in tandem with governments and educators.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmebn94ml000t3b6ndh7y0v1f@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cThe tech community has to actually take some responsibility for this,\u201d he said. \u201cBecause if we don\u2019t, you will create some level of pain in society and we want to make sure we avoid that.\u201d\n    <\/p>\n","protected":false},"excerpt":{"rendered":"Facebook Tweet Email Link Las Vegas \u00a0\u2014\u00a0 The president of Cisco rejects the doomsday warnings from some tech&hellip;\n","protected":false},"author":2,"featured_media":70211,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":{"0":"post-70210","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-au","12":"tag-australia","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/70210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=70210"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/70210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/70211"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=70210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=70210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=70210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}