“It’s very clear that AI is going to change literally every job,” Chief Executive Doug McMillon said this week in one of the most pointed assessments to date from a big-company CEO on AI’s likely impact on employment.
His remarks reflect a rapid shift from just months ago in how business leaders discuss the potential human cost of the technology. Companies including Ford, JPMorgan Chase and Amazon have bluntly predicted job losses associated with AI.
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Some jobs and tasks at the retail juggernaut will be eliminated, while others will be created, McMillon said this week at Walmart’s Bentonville headquarters during a workforce conference with executives from other companies.
For now, Walmart executives say the transformation means the size of its global workforce will stay roughly flat even as its revenue climbs. It plans to maintain its head count of around 2.1 million global workers over the next three years ….
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“AI is just starting to ripple through the job market,” said Ronnie Chatterji, OpenAI’s chief economist, at the Bentonville conference. “I think 18 to 36 months, you’re going to see a lot more impact.”
