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Walmart CEO Doug McMillon said AI will "change literally every job."
That doesn't mean that huge layoffs are inevitable, however.
Recent data shows that AI could transform more jobs than it replaces.
Walmart CEO Doug McMillon has good news and bad news for the more than two million global workers employed by his company. The bad news is that AI is rapidly going to transform all of those employees' roles, and soon. The good news is that, in his view, that doesn't necessarily mean they'll be out of a job.
Also: Nearly everything you've heard about AI and job cuts is wrong - here's why
Speaking at a conference in Bentonville, Arkansas, home of Walmart's headquarters, last week, McMillon told the audience that it's by now "very clear that AI is going to change literally every job," according to a Friday report from The Wall Street Journal.
Walmart is the largest employer in the world, so when McMillon unequivocally declares his conviction that AI is going to reshape his company from the ground up, that's a vision for the future with ramifications that will be felt by millions of workers globally, at every rung of the socioeconomic ladder.
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