Robinhood CEO Vlad Tenev said artificial intelligence is doing “interesting” things and discussed the next stage of personal investing on “FOX Business In Depth.”
Amid growing concerns that artificial intelligence (AI) will eliminate jobs, Robinhood CEO Vlad Tenev says the opposite may be true.
Tenev argues that AI will not eliminate jobs, but rather redefine what it means to have a job.
“AI will lead to not just new jobs, but an explosion of new job classes,” Tenev told FOX Business’ Charles Payne on “FOX Business In Depth: AI Arms Race.”
Tenev compared today’s transition to AI to the nation’s transition from agriculture and factory work to office and digital labor over the past century, and said skepticism about new technologies is nothing new.
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Robinhood Markets CEO Vlad Tenev spoke in an interview with Bloomberg TV on the sidelines of the Token2049 conference in Singapore on October 2nd. (Getty Images)
“Probably 100 years ago, our ancestors would have seen what you and I are doing now. It’s like digitally talking to each other about AI. They think, you know, that’s not real work,” Tenev said.
“In the same way that they probably don’t consider what we do to be real work, we [going to] Look to your future employment family and job opportunities,” he added.
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Tenev said these future jobs could include new forms of investing and trading for a living, taking on roles that many people currently don’t consider viable as a full-time career.
“It’s probably not a real job,” Tenev said.
Robinhood Markets CEO Vlad Tenev said in an interview with Bloomberg TV on July 8 in London, England. (Getty Images)
“But for people in the future, it’s definitely going to be very real and stressful, and it’s going to involve all the emotions that we have about work,” he added.
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Tenev argues that technological disruption has always reshaped work norms rather than completely eliminating them. He noted that similar changes have occurred before, but the pace of change today is much faster.
“We’ve seen disruptions like this in the past, but I have a feeling it’s going to happen more quickly,” he said.
“Speed, rate of change, and acceleration make us very nervous.”
Robinhood Markets CEO Vlad Tenev said in an interview with Bloomberg TV on November 29, 2023 in London, England. (Jose Sarmento Matos/Bloomberg via Getty Images/Getty Images)
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Automation and AI have already begun to replace some specialized tasks, with companies like Amazon and Salesforce citing it as one of the factors behind recent job cuts.
The changes have stoked concerns in Washington, where a December 2025 Senate report named fast food, customer service and executive assistant jobs as the most vulnerable to automation.
Robinhood Markets CEO Vlad Tenev explains how prediction markets became the “fastest growing business in history” and talks about its future in “making money.”
