Howard Marks Says AI Is Going to Have a ‘terrifying’ Impact on Employment — and It Goes Well Past Lost Paychecks

Howard Marks warns AI’s impact on employment goes beyond job loss, threatening purpose and identity. He believes universal basic income (UBI) cannot replace the structure and self-worth derived from work. Estimates suggest AI could affect about 60% of jobs in advanced economies, with a shift in job landscape expected. Tech leaders emphasize the need for developing skills that machines can’t easily replicate.

https://www.businessinsider.com/ai-kills-jobs-paychecks-human-purpose-howard-marks-investor-2025-12

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