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Entry-level engineering jobs are already changing. Here’s how they can get ahead.

If Ben Zabihi had started his career five years ago, his workday would have looked very different than it does today.

A few years ago, he might have spent much of his time formatting code and writing documentation. Now Zabihi, who has been working as a software engineer at a small New York City startup since December, said a good portion of his day is spent using AI tools — not just to write code, but also as a research assistant to better understand his industry and business terminology.

The 23-year-old entered the profession at a time when companies and workers are actively testing and debating the extent to which AI is helpful and what still requires a human touch.

Though Zabihi said that relying too much on AI at the start of his career could result in a weaker foundation for his learning in the long term, he also knows he has to use the technology and optimize his workflow.

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The tasks that used to keep entry-level engineers busy might not be as important as they once were, he said.

Instead, he’s focusing on the bigger picture: work like understanding business goals, system architecture, scaling, and security risks, which once were the domain of more senior engineers.

Risk and opportunity

While many recent grads see AI as a way to gain superpowers quickly, some industry veterans worry that the technology erodes a formative stage of learning that builds judgment and problem-solving skills — a gap that may only become clear as today’s engineers advance.

When 36-year-old engineer Georgian Tutuianu entered the field a few years ago, he said 95% of the job was painful. For today’s junior engineers, though, there are many shortcuts — and he’s worried those can come at the expense of deeper understanding.

For example, a core part of his job is managing codebases through pull requests, where engineers submit code for review before it’s merged into the system. Tutuianu said he used to review around 100 to 500 lines of code in a pull request. Now, with LLMs, it’s easily over a thousand, and he said he sees workers often add layers of complexity they don’t understand.

“It’s super concerning because then you have just a pile of terribleness that you have to contend with,” Tutuianu said. “It’s literally just pollution.”

He said he worries that junior engineers may be outsourcing the hardest part of the job — wrestling with what they don’t understand — to LLMs.

Zabihi and Tutuianu’s differing experiences reflect a wider shift in the industry. As one of the fastest sectors to adopt AI, software engineering is being transformed — and entry-level roles, which were once the training grounds for mastering the complexities of the job, are fundamentally changing.

With that comes risk, but also opportunity.

Getting ahead

There’s no crystal ball to predict where the industry is headed, but one thing is clear: Junior developers are navigating a murky employment market as the industry undergoes a tectonic shift. That means they’ll need to move quickly to stay relevant.

The shift in focus may also force a rethinking of the fundamentals of the job. If AI can handle much of the code itself, the value of an engineer might lie less in perfecting syntax and more in gaining a broader expertise in defining problems and architecting solutions.

“The question then is, how do the requirements of the job and the skills change?” Matt Kropp, managing director and senior partner and chief AI officer of BCG X, the tech division of Boston Consulting Group, told Business Insider. “If you’re a junior engineer, how do you make sure that you meet those skills in the market?

Keith Ballinger, Google’s vice president and general manager of Developer & Experiences, told Business Insider that “nothing beats doing it.”

“You don’t need to ask for anybody’s permission to do something significant and meaningful,” Ballinger said. “Just put together a cool app and post it on a website.”

Ballinger said that most software engineers didn’t enter the field to write code in a specific language or framework. A developer’s job is to use technology to solve problems and apply engineering techniques, he said. Great engineers have always known how to break down problems into smaller ones, and now agents can help handle the rest, Ballinger said.

“That’s a skill that we can teach and that people can pick up, but now it’s more important than ever, and certainly more important than memorizing how an API works,” Ballinger said.

As entry-level hiring opportunities shift, Mohit Bhende, the CEO and cofounder of engineering hiring platform Karat, said aspiring engineers should seek out organizations committed to training junior talent. Those opportunities may increasingly lie outside traditional tech, he said.

Bhende said he expects more talent to move to sectors like finance and healthcare, where AI adoption is slower, and security concerns elevate the value of human oversight.

He said CTOs are also increasingly seeking engineers who understand the business side of their work. Bhende said that aspiring engineers should prioritize developing domain knowledge, whether through on-the-job training or formal education.

“Maybe you’re graduating not just with the computer science degree, but you’re graduating with that, plus a business degree,” Bhende said, adding that he thinks “the jobs of the future are going to merge those two.”

Zabihi, for one, is bullish about what the rapidly evolving tech will mean for his career. He said his output is significantly higher because of AI — and ultimately, that’s what he’s being paid for.

“As a junior dev, you’ve never gotten a better bang for your buck,” Zabihi said.




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Elon Musk dodged cameras ahead of courthouse testimony. Snubbed photogs blamed a ‘decoy’ Tesla.

It all happened in a flash.

A “decoy” Tesla distracted a scrum of photographers trying to get a good shot of Elon Musk as he entered a San Francisco courthouse on Wednesday, two cameramen on the scene told Business Insider.

“100% a decoy. 100%,” said David Morris, a frustrated yet impressed Bloomberg News photographer. “They had us. It was done very well, actually.”

The Tesla CEO was expected to arrive at the San Francisco federal courthouse on Wednesday to testify in a trial over a lawsuit brought by former Twitter shareholders. They alleged the billionaire violated securities laws in 2022 by driving down the share price of Twitter before he bought it and renamed it X. Musk has said he complied with the law in his communications about the social media company.

According to two photographers on a stakeout outside the courthouse, a Tesla pulled up on the curb, and security guards stepped out to surround it.

As soon as the group of news photographers coalesced around the Tesla — anticipating Musk would step out — an SUV that had been parked a short distance away pulled up right in front of the courthouse door, the photographer said. Musk and his security team ran out of the car and up the courthouse steps, they said.

“He was like probably at least a hundred feet away from us,” Morris said. “And then we noticed that. And it was like three seconds — out of the car, in the door.”


Elon Musk san francisco courthouse water

Elon Musk, center, arrives for a Twitter shareholder trial at the US District Court for the Northern District of California, Wednesday, March 4, 2026, in San Francisco.

AP Photo/Godofredo A. Vásquez



The photographers ultimately got only a handful of pictures of Musk, on the steps entering the courthouse and going through the metal detectors.

“There was security standing in front of him to try to make it so it was hard to get a good photo,” Josh Edelson, a freelance photographer working for Getty Images, told Business Insider.

Musk didn’t make it easy, Edelson said.

“He didn’t look at us. He kept his head looking to the side, so he didn’t look very good,” he said. “It was just a profile shot. It was very obviously a position where he wanted to make it hard for us.”

The entire scene was captured by NBC journalist Scott Budman, who posted a video on X.

After Musk entered the building, the Tesla, which appears to be a Model S, zoomed away without anyone else getting out, Morris said.

Attorneys for Musk didn’t immediately respond to requests for comment.

The photographers outside the San Francisco courthouse will have another chance to capture Musk when he leaves the building.

Morris told Business Insider that Bloomberg assigned two photographers for the day — one to cover each exit.

“It’s always a fifty-fifty chance,” he said.




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Target finished out a difficult year with declining sales, but says growth is ahead

Target likely can’t wait to close the book on last year as it looks to turn the page and return to growth.

The bullseye retailer on Tuesday reported a 1.7% decline in total sales for the last fiscal year, which ended January 31, with a 1.5% drop for the quarter. That’s including the addition of a batch of new stores and growth in its digital business.

“I’m incredibly proud of how our team navigated through a challenging year in 2025,” CEO Michael Fiddelke said in a statement. “Our team is firmly focused on writing Target’s next chapter of growth.”

Adjusted fourth quarter earnings per share of $2.44 exceeded the Bloomberg analyst consensus of $2.13, but the outlook of less than a percentage point increase in comparable sales and first quarter EPS of $1.30 were less than Wall Street estimates.

While the fourth quarter’s results extend a three-year streak of flat or declining comparable sales, the company said traffic and transactions started to pick back up in December and January, and are on track to deliver net sales growth in every quarter of 2026.

“Target saw a healthy, positive sales increase in February, serving as an important milestone on our path back to growth this year, and reinforcing my confidence in the momentum we’re building and the future we’re creating together,” Fiddelke said.

Analysts said ahead of the earnings release that Fiddelke and his team have their work cut out for them.

“Time is Target’s greatest adversary,” Mizuho analyst David Bellinger said in a weekend note ahead of the release.

“While senior management is taking the necessary steps to re-position the business, others are not standing still,” he added, referring in particular to Walmart, which has been gaining momentum as Target struggles.

“Ultimately, the company needs to show how it can better compete and define its place in the market,” UBS analyst Michael Lasser said in a note leading up to the results.

Fiddelke is set to unveil his larger turnaround strategy Tuesday morning at Target’s headquarters in Minneapolis. One month into his new role, the CEO has said he’s focused on four key priorities: improving the merchandising, elevating the shopping experience, investing in tech, and supporting workers and communities.

The company also said it was seeing strong recent performance in non-merchandise sales, including its Roundel ads business, Target Plus membership, and same-day delivery services.




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Elon Musk warns Tesla employees over future of German megafactory ahead of union election

Tesla’s sales in Europe are plummeting — and now Elon Musk has a warning for employees at the company’s German megafactory ahead of crucial union elections.

In an interview with Giga Berlin senior director Andre Thierig posted on X on Thursday, Musk said Tesla would “ideally” expand its only European gigafactory and start production of its battery cells, Cybercab robotaxi, and Optimus robot at the site.

Asked if he had any advice for the team at Giga Berlin to work toward that vision, Musk said any expansion was contingent on Tesla being free from interference from “outside organizations.”

“Things certainly get harder if there are outside organizations who are pushing Tesla in the wrong direction,” said Musk.

“It’s difficult to say that then we would expand, if we had outside organizations who were making things very difficult. We’re not going to shut down the factory, but we wouldn’t expand it either,” said the Tesla CEO.

The billionaire’s comments come ahead of a crucial vote at Tesla’s German factory next week, with powerful German union IG Metall pushing to gain control of the site’s work council — an elected body of employees required by local laws that negotiates pay deals and working hours with management.

German publication Handelsblatt first reported Musk’s comments, which it said were screened for employees on Wednesday.

Tesla clashes with union

The run-up to the election has been marked by fierce disputes between the union and Tesla’s executives. Earlier this month, Tesla filed a criminal complaint against an IG Metall representative, accusing them of secretly recording an internal meeting.

IG Metall, which has frequently clashed with Tesla over working conditions at Giga Berlin over the past few years, denied the allegation and responded with its own complaint accusing Thierig of defamation. The union said Thursday that both sides had agreed on a truce ahead of the works council elections.

The debate over Giga Berlin’s future comes as Tesla’s sales in Europe have collapsed. The US automaker saw registrations of its EVs fall nearly 38% in the EU last year, as it was hit by backlash over Musk’s political interventions and backing of German far-right party AfD.

In January, Tesla’s European sales dropped to just 8,000 units, according to data from the European Automobile Manufacturers Association, less than half the number sold by Chinese rival BYD.

Musk also said in the interview that Tesla expects to receive approval to sell Full-Self-Driving driver assist technology in the Netherlands on March 20.




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Jobs report updates: Dow, S&P futures hold steady ahead of employment data release

It’s jobs Wednesday!

Yes, you read that right. The monthly jobs report, a Friday tradition, is coming out this morning, five days later than originally scheduled due to the partial government shutdown.

Economists expect the US added 65,000 jobs in January and unemployment remained at 4.4%.

Investors are looking at the January jobs report to see if the job market has continued stabilizing following a difficult 2025. The US added only 584,000 jobs last year, the lowest employment growth since 2003, excluding recessions.

The coming report will include revisions to past job growth, so last year’s employment level could change.

The report is expected to drop at 8:30 a.m. ET. Stay with us as we preview the data and then give you an inside look at everything you need to know about the report when it drops.




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Major airlines are making it free to change travel plans ahead of a huge winter storm

Major airlines are making it free to change your flights ahead of a dangerous winter storm.

Southwest Airlines, American Airlines, United Airlines, and JetBlue are waiving rebooking fees for flights to and from affected regions this weekend.

If your travel plans this weekend include major cities such as Dallas, Austin, Oklahoma City, Nashville, Atlanta, Charlotte, Washington, DC, Baltimore, Philadelphia, New York City, and Boston, you may want to contact your airline to avoid prolonged delays or cancellations at the airport. The National Weather Service is warning that more than 230 million Americans will be affected, from the Southwest to New England.

Even if you won’t change your plans, your flight may still get canceled. Delta Air Lines said Thursday it is canceling flights at airports in Texas, Oklahoma, Arkansas, Louisiana, and Tennessee, citing safety concerns caused by heavy snow, sleet, and freezing rain. The airline will also be bringing in cold-weather specialists.

As of Thursday evening, based on the Misery Map, which tracks real-time flight disruptions, there hasn’t been a spike in delays or cancellations.

Based on recent storms, such as the one that hit over Thanksgiving and coincided with the end of the government shutdown, mass cancellations may be inevitable. So it’s good to know your passenger rights and your options when things don’t go according to plan.

Know your rights as a passenger


A passenger checks the flight board at Boston airport.

Opt in to automatic flight updates via text or email so you don’t miss a flight delay or cancellation notification.

JOSEPH PREZIOSO/AFP via Getty Images



If your flight is canceled and you choose not to rebook, the airline is legally required to provide you with a cash refund — not a voucher or credit.

However, things are different for delays. The Trump Administration recently killed a proposal that would have required airlines to compensate passengers for long delays, so flyers largely have to rely on airline goodwill or their credit cards to get anything for the inconvenience.

Some airlines have committed to providing accommodations, transportation, and food during a controllable overnight delay or cancellation, as outlined in the Airline Customer Service Dashboard.

Controllable disruptions include issues such as maintenance or crew staffing. Frontier Airlines is the only carrier that does not offer accommodations in the event of a controllable overnight delay or cancellation, but it will provide a meal voucher.

It still doesn’t hurt to ask for a meal or hotel voucher when a non-controllable issue arises, such as the weather. The worst they can say is no.

Use your airline’s mobile app to change or cancel your flight


United mobile app.

Most airlines also offer a chat function if you prefer to text.

United Airlines



During disruptions, airlines often allow you to make changes via their mobile app or website, rather than waiting on clogged phone lines or in long customer service lines.

If this isn’t an option, try an online chat. Carriers like Delta Air Lines allow you to text a representative for help.

You can put yourself in the virtual queue and wait in line at the airport, potentially upping your chances of speaking with an agent sooner.

Here are the phone numbers for each airline:

  • Alaska: 1-800-252-7522 or text 82008
  • Allegiant: 1-702-505-8888
  • American: 1-800-433-7300
  • Avelo: 1-346-616-9500
  • Breeze: No phone number to call, but you can text the airline at 501-273-3931.
  • Delta: 1-800-221-1212
  • Frontier: No phone number. The best way to contact Frontier is via online chat or email.
  • JetBlue: 1-800-538-2583
  • Southwest: 1-800-435-9792
  • Spirit: 1-855-728-3555
  • Sun Country: 1-651-905-2737
  • United: 1-800-864-8331

Check if you have travel insurance through your credit card


Passport and Chase Sapphire Reserve credit card

Some travelers rely on their travel credit card to recoup costs during non-airline-controlled flight delays.

Evgenia Parajanian/Shutterstock



Travel credit cards, such as the Chase Sapphire Reserve and the American Express Platinum, offer built-in insurance that reimburses travelers for hotel, meal, and transportation expenses incurred due to certain flight disruptions.

The weather is typically covered. For this to work, the traveler would have needed to book their flight with that travel card.

If your credit card doesn’t offer travel insurance, it may be worthwhile to purchase a separate trip insurance policy before traveling. This type of insurance can help reimburse costs you might lose due to flight problems, such as prepaid hotel stays or cruise bookings.

However, you must purchase this insurance before any travel disruptions occur — once you know a flight might be affected, it’s likely too late.




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Larry Page is officially moving business out of California ahead of a proposed billionaire’s tax

Billionaire Larry Page is peacing out of California.

The Google cofounder has cut ties between California and many of his assets that risked exposing him to a proposed new wealth tax in the state, meeting an end-of-2025 deadline, according to filings reviewed by Business Insider.

Page’s family office, Koop, was converted out of California in late December and incorporated in Delaware, per filings with both states. Page converted several other entities to Delaware, including Flu Lab LLC — a vehicle he has used to fund research on tackling influenza and lists its principal office address in Nevada — and another entity named One Aero, which has funded his flying car ventures and lists its principal office address in Florida.

A filing was also made to convert Dynatomics, LLC from California to Delaware with a new principal address in Keller, Texas. Page launched Dynatomics, a new startup focused on applying AI to aircraft manufacturing, in 2023, Business Insider previously reported. A source close to Page said that the team, run by Chris Anderson, continues to work out of California.

Anderson and representatives for Page’s family office did not respond to requests for comment.

The New York Times reported in December that Page had told people he was considering moving to Florida because of a proposed ballot measure that would tax the state’s wealthiest residents. The proposal, if passed successfully, would mean that any California resident worth more than $1 billion would be taxed 5% of their assets.

Under California law, residency is determined by the nature of a person’s ties to the state, with factors such as the time spent in the state and the maintenance of substantial business ties taken into account. If the ballot measure is approved in November, it would take effect retroactively for residents living in California as of January 1, 2026.

A source close to Page said the Google cofounder had already left the state. Whether Page’s move is temporary could not be learned.

Page is ranked the second-richest person in the world, according to the Bloomberg Billionaires Index.

Page’s family converts other entities to Delaware

Besides his family office and funding vehicles, Page converted out an LLC that Business Insider previously identified as being used to purchase islands in Puerto Rico and the Virgin Islands, from California to Delaware, with a new address listed in Florida.

A separate LLC Page used to purchase an Island in Fiji was also converted out to Delaware.

Page’s wife, the scientist Lucinda Southworth, founded a marine-conservation charity named Oceankind. Filings show that Oceankind converted out of California to Delaware in December.

Delaware has become a popular state for businesses to incorporate due to its favorable tax structure, privacy, and its home to a court system specifically designed to handle corporate disputes. The state does not require LLCs to disclose the names and addresses of directors when incorporating, providing them with an extra layer of privacy.

Privacy is especially important to Page, whose family office is shrouded in a level of secrecy unparalleled by most and carefully managed by its CEO, Wayne Osborne.

Cristina Rosado, an attorney who handles many of Page and Southworth’s assets, signed several of the California filings.

Page incorporated three entities in Florida last year, as previously reported by The New York Times. A Koop LLC was incorporated in Florida in January 2025, per filings reviewed by Business Insider. It could not be confirmed if it belongs to Page.

California’s billionaire tax proposal

The California billionaire tax proposal faced some opposition from leaders in venture capital and politics. In a post on X in December, venture capitalist Vinod Khosla said the proposed measure would mean California would lose its most important taxpayers and “net off much worse.”

“Long term damage unless legislature bans wealth taxes,” he added. “Easier to equalize taxes on work income and capital gains at the national level.

Matt Mahan, Democratic mayor of San Jose, California, on Monday described the tax as “a political plan that will sink California’s innovation economy.”

White House AI czar David Sacks has criticized the proposal and said it will backfire. He has also said he believes Miami and Austin will overtake New York and San Francisco for finance and tech, respectively. He announced this month that his venture capital firm, Craft Ventures, had opened an office in Austin.

Last month, celebrity lawyer Alex Spiro wrote a letter to California Gov. Gavin Newsom, warning that the proposed billionaire tax would “trigger an exodus of capital and innovation from California,” Business Insider previously reported.

Have something to share? Contact this reporter via email at hlangley@businessinsider.com or Signal at hughlangley.01. Use a personal email address and a non-work device; here’s our guide to sharing information securely.




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My dad died unexpectedly. It taught me that I needed to plan for my funeral ahead of time.

Sitting across from the funeral director, I held my husband’s hand. I needed to feel something real while my body moved between sadness and shock. I glanced at my mom to steady her and at my husband for support. There was one person noticeably missing from our group: my dad.

The day before, I wouldn’t have guessed I’d be spending my afternoon at a funeral home. I had talked to my dad that night and made plans for our weekly dinner. When I hung up the phone, I had no clue that was the last time I’d speak to him. There was no inner hunch that doom was on the horizon, and nothing that said he wasn’t feeling well. So, the next morning, when the ER doctor told my mom, husband, and me that they tried to revive him and failed — I didn’t know how to process the information. Dying of a heart attack made no sense. I thought we had plenty of time.

Throughout my life, we had relied on him to answer the hard questions, and we desperately needed him now. It had only been three hours since his unexpected passing, and here we were planning his funeral. I had no idea what he wanted.

He was healthy and active

I recall sitting at my parents’ dinner table with my then-9-year-old son. He drank his milk while my dad gestured to the desk behind him. The white stack of papers (the size of a small novel) stood out against the stack of magazines. “Do you want to read my will?” my dad asked with a wink.


Grandfather with grandchild

The author’s dad was healthy and active before he died.

Courtesy of the author



I paused.

Not really what I’d call an uplifting dinnertime read. At 71 years young, he was active and in good shape — a recent retiree ready to travel and spend time with his grandkids. I didn’t want to think about his potential decline — my dad was invincible.

He never caught the colds and stomach flus I brought home from school. He rarely missed work, and I figured I wouldn’t have to deal with this anytime soon. My grandparents lived well into their 80s — my great-grandmother until 100. I did the quick math — that was at least another 10 years or more.

I politely declined the read, telling him there’d be plenty of time to cover that another day. “That’s all right,” he began with a smirk,” I fell asleep when I tried to proofread it.” And that was that. There was no talk of caskets or whether he preferred The Beatles or the Rolling Stones to be played at his funeral.

No reason to discuss his death when he was so full of life. That night, we finished our hamburgers, and his will stayed on the desk, gathering dust, for the next year. And then time ran out.

Not knowing what my father wanted made it hard to grieve

This memory ran through my mind as I tried to answer the questions the funeral director asked. It was hard to concentrate with this huge lump in my stomach. Mostly, I wanted to cry and run away. Even hiding under the covers right now sounded like a good option.

I concentrated on the warmth of my husband’s hand and answered some basic questions, such as where my dad was born and his age. I failed when asked for his Social Security number. My mom tried to take over, but she was so distressed that her answers were slow and hard to access. I wanted to talk to my dad. I wish I had. This would be so much easier.

Looking at my husband, I immediately thought about my son sitting in a similar seat for us. My shoulders tensed. My tears started again, but this time because I imagined an older version of my kid stumbling through unknown answers with no space to feel his feelings. I did not want this overwhelming ordeal for him. If I could make it easier or eliminate this step completely, I would.

My husband and I made plans so my son doesn’t have to

Later that night, when my husband and I had a quiet moment alone, I told him I wanted to write out our death details for our son. He looked surprised and whispered, “We have plenty of time.” I’m sure that was meant to reassure me, but it was exactly what I said to my dad not that long ago. My mom heart would do anything to protect our son’s space to grieve. I wanted cozy childhood memories to comfort him when one of us couldn’t — not images of his mom or dad in a casket.

A few weeks later, as I processed my dad’s passing, my husband and I talked about our own. We created a checklist of what we wanted, including which funeral home and cemetery to contact. My husband and I added doodles and love notes to the list and made sure our will was in order, too. Instead of freaking my 9-year-old with more morbid information, we told trusted family members where to find all the papers. Fingers crossed, it will sit in my desk drawer gathering dust for many more years to come.




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Ex-Google CEO Eric Schmidt says AI isn’t overhyped — the biggest gains from automating corporate work are still ahead

If AI feels overhyped now, Eric Schmidt suggests that businesses should brace themselves — the real disruption hasn’t even begun yet.

In an interview with Professor Graham Allison at the John F. Kennedy Jr. Forum at Harvard University on Monday, the former Google CEO pushed back on the idea that AI’s rapid growth is a speculative bubble, saying that the technology is actually under-hyped.

“If anything, it’s under-hyped because you are fundamentally automating businesses,” he said.

The real transformation, he said, is happening deep inside companies, where AI systems are beginning to take over the “boring” tasks that quietly consume billions in corporate spending.

The biggest gains, he suggested, will come from automating the backbone of corporate work: the repeatable, time-consuming processes buried deep inside every organization.

The former Google chief listed billing, accounting, product design, delivery, and inventory management as examples of this.

“There’s an awful lot there — it’s extraordinary,” he said, pointing to areas like medicine, climate solutions, and engineering as sectors where automation could accelerate breakthroughs.

Schmidt, who helped steer Google’s early investments in AI and later co-authored a book on AI with Henry Kissinger, implied the technology’s economic impact will be far larger than markets or executives appreciate.

Still, not everyone agrees with that perspective. Some economists are sounding alarm bells that the AI boom is overheated.

In an interview this week, renowned economist Ruchir Sharma said the AI surge displays all four traits of a classic bubble and could unravel if interest rates rise, while tech leaders such as Sam Altman and Bill Gates have cautioned that parts of the market resemble the dot-com era.

Far beyond coding

To illustrate how quickly AI capabilities are advancing, Schmidt described watching an AI system generate an entire software program.

“Holy crap. The end of me,” he said.

“I’ve been doing programming for 55 years. To see something start and end in front of your own life is really profound,” he added.

However, he said that AI’s long-term upside extends far beyond coding.

From back-office workflows to logistics and scientific discovery, Schmidt believes the automation curve is still in its early stages of scaling and that Wall Street is underestimating the magnitude of the shift.

“The reason people are spending this amount of money,” he said, “is to automate the boring parts of their business.”




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