AI Will Destroy Jobs As It Penetrates into Markets
“We think that next year, 40% of the people at this conference will have an AI agent, and the remaining 60% will be looking for work,” Robert F. Smith, CEO of Vista Equity Partners said, referencing autonomous software programs capable of executing complex, multi-step financial tasks.
Remember: anyone who tells you that AI is a hype, drop these lines with him or her:
- Annualized Revenue: As of June 2025, OpenAI reached an annualized revenue of $10 billion, which is an 82% increase from $5.5 billion in 2024.
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- Projected Revenue for 2025: OpenAI is on track to meet its revenue target of $12.7 billion for 2025.
- Projected Revenue for 2029: The company is aiming for a revenue of $125 billion by 2029.
- Projected Revenue for 2030: Some reports suggest a target of $174 billion by 2030.
AI is for real and get this from me: whether you join or not, the AI era is here. I do hope you take action because the wind of AI will have consequences on careers.