Trump AI Czar David Sacks Debunks AI-Linked Job Losses As Vanguard Study Shows Wage, Hiring Boost: 'AI Job Loss Hoax Exposed'
Pessimistic
-12.5
White House AI and Crypto Czar David Sacks has rejected the narrative that artificial intelligence (AI) is a threat to the American workforce, citing new data from Vanguard that suggests the technology is currently a significant driver of hiring and wage increases.
Data Contradicts Displacement Fears
In a statement posted to social media platform X, Sacks dismissed the fear of widespread labor displacement as a “hoax,” pointing to statistics showing that occupations with the highest exposure to AI automation are essentially outperforming the rest of the labor market.
The data, originating from a recent Vanguard study covering the post-COVID period from the second quarter of 2023 to the same quarter of 2025, indicates a sharp divergence between roles heavily integrated with AI and the rest
Data Contradicts Displacement Fears
In a statement posted to social media platform X, Sacks dismissed the fear of widespread labor displacement as a “hoax,” pointing to statistics showing that occupations with the highest exposure to AI automation are essentially outperforming the rest of the labor market.
The data, originating from a recent Vanguard study covering the post-COVID period from the second quarter of 2023 to the same quarter of 2025, indicates a sharp divergence between roles heavily integrated with AI and the rest
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