Cathie Wood Rejects Amodei’s Extinction and Mass-Unemployment Warnings

ARK Invest founder Cathie Wood challenged Anthropic CEO Dario Amodei’s claims about a 10% chance of human extinction within a decade and large-scale job losses, saying she expects labor shortages instead.

In monthly market commentary on Nov. 9, Wood criticized Amodei’s warnings about AI risks and unemployment. She said she did not believe those claims.

The extinction warning Wood described put the chance of humanity going extinct within the next decade at 10%. She offered a different view of AI’s employment effects, saying she expects a shortage of workers.