Sandeep Nailwal Backs AI Job Growth
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A study of more than 21,000 US companies shows high AI adopters expanded hiring by about 10% and firms making the largest AI investments saw a 12% rise in entry-level hiring. Polygon Foundation CEO Sandeep Nailwal says AI-driven productivity is enabling business growth rather than layoffs, a development that could bolster crypto and DeFi adoption, developer hiring, and funding activity.
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- High AI adopters expanded hiring by around 10%, according to a US study.
- Sandeep Nailwal says AI helps businesses grow instead of cutting jobs.
- Entry-level hiring rose 12% at firms making the biggest AI investments.
AI may be creating more jobs than it eliminates, according to a new study of more than 21,000 US companies, prompting Polygon Foundation CEO Sandeep Nailwal to argue that the technology is raising the ceiling for businesses rather than shrinking their workforce.
Reacting to the findings shared by White House AI and Crypto Czar David Sacks, Nailwal said founders who successfully deploy AI rarely respond by cutting back. Instead, they use the productivity gains to pursue larger ambitions.
“AI was supposed to be eating jobs by now and the data keeps saying the opposite,” Nailwal wrote on X.
He added that many critics wrongly assume companies have a f…
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