Pompliano Argues AI Exposed Companies Actually Hiring More Workers at Higher Wages

What was said

"AI-exposed companies, the latest data is showing that they are actually hiring more people and they're actually increasing wages faster. What actually happened was there was a huge sell-off or drop in the number of software engineers. But now it has started to rapidly go the other direction."

Pompliano cited recent data showing companies adopting AI are hiring more employees and raising wages faster than non-AI companies, contradicting fears of mass job displacement. He noted unemployment for 20-24 year olds dropped from 9% to 5.5% over three years despite AI proliferation. He argued AI makes workers more productive, incentivizing companies to hire more rather than fewer people, though he acknowledged early concerns about entry-level job destruction.