Earlier this week, Mark Cuban used his X account to advocate for equal employment opportunity through AI.
The business mogul and TV personality said in a June 2 post (1) that around 60% of new jobs are created in small and medium-sized enterprises each year, and the proportion of jobs created by the small and medium-sized enterprises sector will only continue to grow.
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For this reason, Cuban says job seekers should start their search by applying to small businesses. Additionally, he wrote, having AI skills provides a career path for Americans by making it “easier and faster” for family-owned businesses to compete with large corporations.
The post received hundreds of comments and several replies from Cuban himself. One X user countered Cuba’s position by claiming that small businesses are using AI to reduce the number of people they need (2).
“Not really,” Cubane responded. “They’re using it to do things they haven’t been able to do before because they didn’t have the time.”
he said to another user (3). “The smallest companies don’t have deep expertise in AI. They need help. Kids coming out of college have that expertise.”
Working for a small business can also improve your career skills. One user jokingly pointed out that when joining a small business, an employee can gain five years of experience in 14 months. To this, Cuba simply answered (4) “Fact.”
AI job opportunities
Even as big tech companies are shedding employees to increase investment in technology, Cubans is a strong believer in the job opportunities created by AI at the small business level. Over the past year, he has unashamedly shared this advice in financial media and on his podcast.
He said only 14% of companies have AI embedded throughout their organization, and millions of companies are too large to have a dedicated AI budget. This means that large parts of the economy are under-utilizing the potential of AI, creating a prime opportunity for job seekers, including college graduates, to find well-paying jobs.
“Learn everything you can about AI and learn even more about how to implement it.” [it] He said this on the TBPN podcast last year. “Companies don’t understand how to implement all of this right now to gain a competitive advantage.”
It’s advice he also gives his own children.
