
Salesforce CEO Marc Benioff: May be they have different AI, the AI I have will not lead to mass layoffs, but ...
has empahised that the AI he envisions will not lead to mass layoffs. Contrary to the common narrative that artificial intelligence will lead to widespread job displacements, Benioff feels that AI will be used to augment rather than replace the workforce. While industry leaders and analysts have warned about significant layoffs due to automation, the Salesforce CEO has a more optimistic outlook, hinting at a different kind of AI integration.
Salesforce CEO Marc Benioff on why AI will not lead to mass layoffs
Speaking at the 2025 AI for Good Global Summit, Benioff said that AI is dramatically reshaping Salesforce and that is why he feels that AI will not wipe-out white collar jobs. Benioff quipped, 'Maybe they have AI I don't have,' in response to predictions from other tech leaders that AI could eliminate up to 50% of entry-level office jobs. 'In the AI I have, it's not going to be some huge mass layoff of white-collar workers,' he said. 'It is a radical augmentation of the workforce.'
Benioff's comments comes at a time when the tech industry is witnessing AI-driven restructuring. Company's like Anthropic and Nvidia have already warned about mass layoffs due to AI. However, Benioff insists that the Salesforce customers are not laying off staff due to AI. Instead, he feels that AI works a a co-pilot which boosts productivity and unlock new opportunities.
'When I speak with our customers, they're not saying, 'I'm laying off employees because of AI advancements in A, B, or C technologies.' That fear—we need to let it go.' said Benioff.
Benioff also revealed that he paused the hiring of engineers, lawyers and customer service agents for Salesforce for almost and year to allow
AI productivity gains
to take hold. However, the company is ramping up sales-related hiring to meet surging demand for AI deployment.
Marc Benioff wrapped up his point by saying, 'Given the remarkable productivity gains AI is bringing to engineering this year, let's take the time to integrate those advances—so we're not racing to hire another thousand, two thousand, or even three thousand engineers.'

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
21 minutes ago
- Time of India
Nvidia's Jensen Huang rips MIT study claiming AI makes people dumb, says 'As a CEO, I spend most...'
Dismissing a recent MIT study that suggests Artificial Intelligence (AI) diminishes cognitive abilities, Nvidia CEO Jensen Huang has an astonishing claim saying that AI has actually improved his thinking skills. Huang, whose net worth soared $1 billion as the chipmaker joined the $4 trillion club, admitted he uses AI every day so that it could teach him something new. In an interview to CNN, the Nvidia CEO said he used AI "literally everyday" and believes his "cognitive skills are actually advancing." "I haven't looked at their research yet, but I have to admit, I'm using AI literally every single day," Huang stated during the interview. "I think my cognitive skills are actually advancing, and the reason for that is because I am not asking it to do the thinking for me." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dream Kitchen Within Reach? See How HomeLane Get Quote Undo Jensen Huang said AI assists him in solving problems that he would not have been able to. He asks the AI tool, 'Are you sure this is the best answer you can provide?' and asserts that AI is making him smarter. ALSO READ: Emmy Nominations 2025: 'Severance,' 'The White Lotus' and 'Adolescence' to bag big scores? Full list revealed Live Events A new study from researchers at MIT's Media study, which analyzed 54 subjects writing SAT essays using ChatGPT, Google Search, or no tools showed concerning results. Researchers used an EEG to record the writers' brain activity across 32 regions, and found that of the three groups, ChatGPT users had the lowest brain engagement and 'consistently underperformed at neural, linguistic, and behavioral levels. Over the course of several months, ChatGPT users got lazier with each subsequent essay, often resorting to copy-and-paste by the end of the study. Nvidia CEO Jensen Huang on MIT study Challenging the study's methodology and questioning how participants are using AI tools, he said, "I am not exactly sure what people are using it for that would cause you to now not have to think," he told CNN's "Fareed Zakaria GPS" that aired Sunday. "But if you have the thing in order, for example, the idea of prompting an AI, the idea of asking questions... you're spending most of your time today asking me questions in order to ask good questions. It's a highly cognitive skill." ALSO READ: National Hurricane Center has a warning for Florida, Texas as Gulf tropical development chances are increasing He added, 'You know this is no different than getting three opinions. Three doctors' opinions. I do the same thing. I ask the same question to multiple AIs. And I ask them to compare each other's notes and then, you know, give me the best of all the answers.' This methodology, according to Huang, actually strengthens analytical abilities rather than weakening them. "So I think that process of critiquing and critiquing the answers of your critical thinking enhances cognitive skills," he explained, offering direct advice to the MIT study participants: "Apply critical thinking." 'I'm not exactly sure what people are using it for that would cause you to not have to think, but you have to think. When I'm interacting with AI, it's a questioning system. You're asking it questions. In order to formulate good questions, you have to be thinking. You have to be analytical. You have to be reasoning yourself,' Huang further said. 'I think that process of critiquing, criticising, the answers, you know, critical thinking enhances cognitive skills. And so to all the people who were taking those tests, I would advise that they apply critical thinking,' he concluded. ALSO READ: Cory Mills apartment scandal: Why is the Florida Congressman losing his swanky Washington home? Stressing that AI should be used as a learning tool rather than a replacement for thinking, the Nvidia CEO said, "I'm asking it to teach me many things that I don't know or help me solve problems otherwise I wouldn't be able to solve reasonably or research." Huang further that effective AI interaction requires sophisticated cognitive skills, particularly in formulating quality questions. "As a CEO, I spend most of my time asking questions, and 90% of my instructions are actually, you know, conflated with questions," Huang explained. "When I'm interacting with AI, it's a questioning system. You're asking a question, so I think that in order to formulate good questions, you have to be thinking, have to be analytical, reasoning yourself."


Time of India
25 minutes ago
- Time of India
End of six-figure coding jobs? Meet Devin: Goldman's new AI engineer that works like a human, but for no salary
Meet Goldman Sachs ' newest engineer, one who doesn't need coffee breaks, paychecks, or stock options. Devin, an AI-powered software developer , is a sign of the Goldman Sachs' brave step into the future of tech work. with AI tools advancing fast, white-collar jobs may never look the same again. Goldman Sachs' AI software engineer can apparently code with the same accuracy as a person. The move aims to eliminate the need to hire a $180,000 software engineer. How will Devin impact Goldman's workforce strategy? by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 20 Most Expensive Cars In The World According to Goldman's chief information officer Marco Argenti, the tool's ability to perform end-to-end coding tasks is expected to increase worker productivity by up to three or four times the rate of earlier AI tools. 'Devin will be like our new employee who will begin doing things on behalf of our developers, so we're going to start augmenting our workforce with him," Argenti recently told CNBC. Live Events The company plans to increase worker productivity by more than four times using AI tools and possibly unleash thousands of them. Although the company's tech leader envisions a " hybrid workforce " that combines AI and humans, executives like Jim Farley, the CEO of Ford, caution about a decline in white-collar jobs, as per a report by Fortune. ALSO READ: Is this the end of salesman? Microsoft layoffs signal death of old-school sales - AI set to help tech-savvy pros Devin is an AI-powered autonomous software engineer who was recently hired by the Wall Street investment bank. Devin was developed by the AI startup Cognition. Goldman Sachs intends to hire hundreds of Devins, possibly even thousands in the future, Argenti said, to join the company's current workforce of almost 12,000 software engineers. What does a 'hybrid workforce' actually look like? Marco Argenti expressed his hope that this action will contribute to the emergence of a "hybrid workforce," where AI and humans coexist. According to Argenti, "it's really about people and AIs working side by side." "Engineers will need to be able to effectively explain issues in a comprehensible manner, translate them into prompts, and then be able to oversee the work of those agents," as per a reprot by Fortune. Are entry-level jobs really at risk from AI? With dozens of open positions worldwide, Goldman is still hiring software engineers in spite of the push to launch Devin. Some associate positions in New York start at about $115,000 per year, and some even go as high as $180,000. However, company executives have cautioned that these early career roles are the ones that AI may replace the earliest. ALSO READ: Don't board a Carnival Cruise without knowing these top game-changing rule updates Dario Amodei, the CEO of Anthropic, for instance, projected that within five years, AI would replace half of all entry-level white-collar jobs. Jim Farley, the CEO of Ford, went one step further and issued a warning: outside of those in their early careers, all white-collar jobs could vanish in the United States. What does the job market look like 5 years down the line? Within the next three to five years, Wall Street may see 200,000 fewer employees as a result of this AI-driven workforce transformation, according to Bloomberg. The best candidates for a prosperous future, particularly young talent confronting dwindling entry-level positions, will be those who embrace AI. Those who have learned to use AI tools to improve their work will advance as the shift to AI occurs in years rather than decades. Professionals who are not adept at using AI tools will lag behind, while those who are will progress. FAQs What purpose does Devin serve for Goldman Sachs? Devin, an AI engineer , is assisting with end-to-end coding tasks, increasing developer productivity by three to four times. Will Devin replace human coders at Goldman Sachs? Not entirely, but it may reduce the demand for entry-level positions. Goldman still intends to hire engineers, but it is preparing for a hybrid human-AI workforce.


Time of India
25 minutes ago
- Time of India
US market today: Nvidia boost lifts Nasdaq while inflation, bank earnings drag Dow Jones index
US stock markets opened mixed on Tuesday as a rally in technology shares led by Nvidia offset concerns over inflation and weaker-than-expected bank profitability. The S&P 500 inched up 0.2%, hovering near its record high from last week, while the Dow Jones Industrial Average slipped 88 points, or 0.2%. The tech-heavy Nasdaq gained 0.6%. Nvidia shares surged 3.2% after the company received approval from the US government to sell its high-performance H20 AI chips to China, helping lift broader tech sentiment, AP reported. Banking stocks moved unevenly following second-quarter earnings. JPMorgan Chase edged 0.5% lower despite beating profit estimates, as a key profitability metric fell short of expectations. Citigroup, however, advanced 1.4% after reporting results that exceeded forecasts. Fresh inflation data released Tuesday added to market caution. The US Labor Department reported that consumer prices rose 2.7% in June from a year ago — the highest since February — compared to 2.4% in May. The report attributed the increase to rising prices of goods impacted by President Donald Trump's latest tariffs, including furniture, clothing, and large appliances. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Esta nueva alarma con cámara es casi regalada en Mendoza (ver precio) Verisure Más información Undo European shares saw modest gains with Germany's DAX rising 0.2% and France's CAC 40 up slightly. In Asia, Hong Kong's Hang Seng jumped 1.6%, while the Shanghai Composite slipped 0.4%. China's economy grew 5.2% annually in the second quarter, slightly slower than the 5.4% pace in the first quarter, as Trump's ongoing trade conflict weighed on sentiment. Analysts noted that while the latest US tariffs are scheduled to take effect from August 1, hopes for a negotiated resolution persist. Analysts warned that if all proposed US tariffs are implemented next month, it could raise recession risks, dent consumer demand, and worsen fiscal stress from tax cuts already adding to the deficit. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now