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Billionaire Marc Andreessen says AI will create a job boom, layoff fears are wrong

Silicon Valley investor Marc Andreessen said fears that artificial intelligence will destroy jobs are fake and predicted a large job boom. He argued that higher productivity from AI will expand demand and increase employment. U.S. employment data released around the same time sent mixed signals, including a rise in long-term unemployment. Companies including Block, Crypto.com, Oracle and Mara Holdings have also reported headcount cuts tied to AI shifts.