Quote · The Diary Of A CEO with Steven Bartlett
Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore!
Explore episode
May 4, 2026
Where this was said
Are AI CEOs Exaggerating The Future To Raise Billions?
At 6:22 · chapter starts 5:00
AI Job Apocalypse Is Just Expensive Marketing
The AI job apocalypse narrative is fundraising theatre. Catastrophising makes a technology sound seminal enough to justify insane valuations, and the employment data simply doesn't back it up — US unemployment sits near historical averages and new coder job listings are up 11% year-on-year.
US unemployment at 4.5%; youth at 8.8%
Despite AI job-loss predictions, US unemployment sat at 4.5% overall and 8.8% among youth — slightly below historical averages — suggesting no AI-driven labour apocalypse yet.
