• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

TikTok Deal Is Imminent, President Donald Trump Says

September 15, 2025

Google Parent Alphabet Reaches $3T Market Cap

September 15, 2025

The Aging Population is Driving Demand for Quality In-Home Care Services

September 15, 2025
Facebook Twitter Instagram
Trending
  • TikTok Deal Is Imminent, President Donald Trump Says
  • Google Parent Alphabet Reaches $3T Market Cap
  • The Aging Population is Driving Demand for Quality In-Home Care Services
  • Businesses Are Using AI to Automate Work, Replace Human Jobs
  • Is America’s Retirement System Failing Future Retirees?
  • 16 Things Retirees Should Do Away With Already
  • 22 Timeless Money Maxims That Hold up in the Current Economy
  • How to Build a Business That Thrives in Tough Economic Times
Tuesday, September 16
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » Businesses Are Using AI to Automate Work, Replace Human Jobs
Make Money

Businesses Are Using AI to Automate Work, Replace Human Jobs

News RoomBy News RoomSeptember 15, 20250 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

AI is mainly automating work instead of enhancing it, which is leading the technology to be a catalyst for replacing jobs, according to a new study.

AI startup Anthropic, which was valued at $183 billion earlier this month, released a new report on Monday showing that more than three in four (77%) of the businesses using Claude did so to automate tasks. In comparison, only 12% of businesses used Claude to augment or enhance work.

“The 77% automation rate suggests enterprises use Claude to delegate tasks, rather than as a collaborative tool,” the report stated. “Given clear automation patterns in business deployment, this may also bring disruption in labor markets, potentially displacing those workers whose roles are most likely to face automation.”

Related: These Fields Are Losing the Most Entry-Level Jobs to AI, According to a New Stanford Study

The report found that, so far, businesses are mainly using Claude to write code and perform administrative tasks. Claude can generate code, similar to other tools like Replit and Cursor, that create blocks of code from text prompts. In fact, the tools are powerful enough to potentially take over coding for software engineers. Anthropic CEO Dario Amodei predicted at a Council on Foreign Relations event in March that AI would write every line of code for software engineers within a year.

“In 12 months, we may be in a world where AI is writing essentially all of the code,” Amodei said at the event.

Anthropic CEO Dario Amodei. Photo by Chance Yeh/Getty Images for HubSpot

Additionally, Anthropic emphasized in the report that AI risks causing mass layoffs and worker displacement due to automation. Amodei weighed in on this matter earlier this year, predicting in May that AI could wipe out half of all entry-level, white-collar jobs within the next five years, causing unemployment to reach 10% to 20%. AI could affect entry-level work in fields like law, technology, and finance, Amodei stated.

Related: Amazon CEO Tells Employees AI Will Replace Their Jobs ‘In the Next Few Years’

Anthropic’s Head of Economics, Peter McCrory, told Bloomberg that the researchers were not sure whether the reliance on automation found in the report was due to “new model capabilities” allowing AI to take on more duties, or due to “people being more comfortable” with AI and “more willing to delegate certain tasks to Claude.”

In other words, the researchers were uncertain whether high levels of automation were due to AI’s increased capabilities or more people being willing to use the technology.

Understanding the reason presents “an important area of research for the future,” McCrory told the outlet.

AI is mainly automating work instead of enhancing it, which is leading the technology to be a catalyst for replacing jobs, according to a new study.

AI startup Anthropic, which was valued at $183 billion earlier this month, released a new report on Monday showing that more than three in four (77%) of the businesses using Claude did so to automate tasks. In comparison, only 12% of businesses used Claude to augment or enhance work.

“The 77% automation rate suggests enterprises use Claude to delegate tasks, rather than as a collaborative tool,” the report stated. “Given clear automation patterns in business deployment, this may also bring disruption in labor markets, potentially displacing those workers whose roles are most likely to face automation.”

The rest of this article is locked.

Join Entrepreneur+ today for access.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

TikTok Deal Is Imminent, President Donald Trump Says

Make Money September 15, 2025

Google Parent Alphabet Reaches $3T Market Cap

Investing September 15, 2025

The Aging Population is Driving Demand for Quality In-Home Care Services

Make Money September 15, 2025

16 Things Retirees Should Do Away With Already

Burrow September 15, 2025

22 Timeless Money Maxims That Hold up in the Current Economy

Make Money September 15, 2025

How to Build a Business That Thrives in Tough Economic Times

Make Money September 14, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Google Parent Alphabet Reaches $3T Market Cap

September 15, 20250 Views

The Aging Population is Driving Demand for Quality In-Home Care Services

September 15, 20250 Views

Businesses Are Using AI to Automate Work, Replace Human Jobs

September 15, 20250 Views

Is America’s Retirement System Failing Future Retirees?

September 15, 20250 Views
Don't Miss

16 Things Retirees Should Do Away With Already

By News RoomSeptember 15, 2025

Lucigerma / Shutterstock.comPlanning to downsize in retirement? Time to think about cleaning house, both figuratively…

22 Timeless Money Maxims That Hold up in the Current Economy

September 15, 2025

How to Build a Business That Thrives in Tough Economic Times

September 14, 2025

Why Steve Aoki is Backing Brain-Boosting Gum Brand

September 14, 2025
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.