Cathie Wood Says Vanishing Entry-Level Jobs Are a Blessing. New Grads May Disagree
Cathie Wood Says Vanishing Entry-Level Jobs Are a Blessing. New Grads May Disagree
The Ark Invest founder says disappearing corporate roles could push graduates to build one-person companies, but the evidence is far less certain.
BY KIT EATON @KITEATON
AI boosters and critics can’t seem to agree if AI is harming the entry-level job market, creating interesting new jobs, or just dramatically upending the whole business of landing a gig—there’s a case to be made for each opinion. But high-profile tech investor Cathie Wood has spoken up on the impact of AI, and to say her take is a hot one is an understatement. According to Wood, if AI really is killing off entry-level corporate jobs, it’s a big win for everyone.
In a recent posting on X, Wood (founder and CEO of investment management firm Ark Invest) responded to musings from Elon Musk about........
