David Sacks Pushes Back on AI Job Loss Fears in Crypto Industry

AI won't steal your job—but it might replace the AI before it, says White House tech advisor David Sacks, as crypto roles like writing and support face rising automation risks.

Published by Ecem EFE

4 August 2025, 11:42 published Updated 4 August 2025, 11:42

David Sacks: AI Needs Human Oversight to Create Business Value

David Sacks – In the face of rising concerns over AI-driven job losses, David Sacks, a top White House advisor on AI and crypto, is pushing back against the fear. In a recent post on X (formerly Twitter), Sacks claimed that the narrative around AI replacing human jobs is “overhyped,” emphasizing that AI still requires human oversight to create real business value.

His comments follow a Microsoft Research study that listed the top 40 jobs most likely to be impacted by AI—including several roles commonly found in the crypto industry, such as reporters, journalists, and technical writers.

David Sacks Pushes Back on AI Job Loss Fears in Crypto Industry — *Source:* *David Sacks*

AI Handles the Middle, Humans Run the Show

Sacks explained that AI handles “middle-to-middle” work, but humans are essential for managing end-to-end processes. He agreed with a statement from former Coinbase CTO Balaji Srinivasan, who noted that current AI isn’t “truly agentic”—meaning it still depends heavily on human input.

“AI doesn’t take your job, it lets you do any job,” said Srinivasan. He pointed out that AI often replaces older AI models, not humans. “For example, GPT-4 replaced GPT-3, and Midjourney replaced Stable Diffusion,” he added.

Microsoft Study: Writers at High Risk, Analysts Less So

The Microsoft study analyzed 200,000 anonymized Copilot chats, finding that AI is most effective in roles that involve writing, advising, teaching, and research. Occupations like news analysts, technical writers, and customer service representatives received high “AI applicability scores”—ranging from 0.38 to 0.39.

In contrast, more data-intensive roles such as market research analysts and data scientists scored lower, around 0.35 to 0.36.

Crypto Job Market Remains Tight

Despite the growing AI debate, the crypto job market is seeing slow growth. In July, only 38 new roles were listed on CryptoJobsList.com, while Remote3.co posted 69 new openings.

As AI continues to evolve, it’s not about losing jobs—it’s about adapting to a new kind of digital coworker.