Andrew Yang Says AI Boom Is Coming Faster Than Anyone Expects—What We'll See In 'Six Months Outstrips What We've Seen In The Last 10 Years'
Andrew Yang Says AI Boom Is Coming Faster Than Anyone Expects—What We'll See In 'Six Months Outstrips What We've Seen In The Last 10 Years'
Casey B. RennerMon, March 30, 2026 at 2:01 AM UTC
0
Hiring disruptions from artificial intelligence are already starting to appear, tech entrepreneur Andrew Yang said.
The Forward Party founder and former presidential candidate recently told CNBC that the technology is moving faster than most expect.
"I just came from an AI conference out west, and holy cow! They said to me that what we’re going to see in the next six months outstrips what we’ve seen in the last ten years."
Yang said the pace of change is beginning to reshape how work gets done.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
Avoid the #1 Investing Mistake: How Your ‘Safe' Holdings Could Be Costing You Big Time
When Incentives Turn Against Labor
Yang said the shift is raising questions about whether the tax system still fits an economy increasingly shaped by automation.
"You tend to tax things that you want to discourage, that you want less of," he told CNBC. He said taxing labor becomes harder to defend as automation plays a bigger role in the economy.
That shift is already showing up in hiring. "The easiest people to fire are the people you haven’t hired yet," Yang said. He linked the trend to weaker demand for recent graduates and said unemployment among college graduates now matches or exceeds that of non-college graduates.
Trending: Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier.
Recent moves across the tech sector reflect that shift. Enterprise software company Atlassian Corp. (NASDAQ:TEAM) cut about 1,600 jobs this month to self-fund further investment in AI and enterprise sales.
Advertisement
He also pointed to Anthropic CEO Dario Amodei, who has warned that up to 50% of entry-level white-collar jobs could be automated in the next several years and has supported taxing AI companies. Yang said he believes that forecast.
When Growth Starts Replacing Workers
Yang pointed to an unidentified company selling autonomous coding tools to large enterprises, saying its revenue is "up 100 fold in the last 12 months." If that pace continues, companies could begin directing more tech budgets toward AI tools instead of human engineers, he told CNBC.
"There is zero chance that this transition is not going to be rough for millions of people," Yang said.
See Also: Don't risk buyer's remorse — ask these critical questions every homebuyer should know.
He described the shift as part of a broader transition across the labor market.
Yang pointed to Amodei's support for taxing AI companies. "Since when does the CEO of a major company raise his hand and say, ‘Hey, tax me and mine'?" he asked. He said it reflects growing concern about job losses and potential backlash.
The risk goes beyond layoffs to whether work will still provide the stability people expect, according to Yang. "The implicit social contract of like the American way is being fractured," he said.
Read Next: Thinking about ETFs? See what investment risks you should be aware of before you buy.
Image: Shutterstock
"ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now!
Get the latest stock analysis from Benzinga:
ATLASSIAN (TEAM): Free Stock Analysis Report
This article Andrew Yang Says AI Boom Is Coming Faster Than Anyone Expects—What We'll See In 'Six Months Outstrips What We've Seen In The Last 10 Years' originally appeared on Benzinga.com
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Source: “AOL Money”