April 25th 2025.
During a recent talk at Hamilton College in New York, former President Barack Obama shared his thoughts on the future of human jobs in the face of advancing artificial intelligence (AI). According to a report by People of Color in Tech, Obama believes that AI is outperforming human coding efforts and could potentially eliminate many roles that are currently considered essential.
Obama spoke about the effectiveness of AI, claiming that it can code 60% to 70% better than humans. He specifically mentioned the more advanced models available to companies, stating that they can already outperform a significant percentage of human coders. This could have a major impact on highly skilled jobs that pay well, which have traditionally been in high demand in places like Silicon Valley. As AI continues to improve, many routine tasks could be taken over by machines, leading to a shift in the job market and potentially duplicating itself across various professions.
The former president is not the only one highlighting the growing influence of AI. Comedian Kevin Hart and Juan Domingo Beckmann’s Gran Coramino Tequila have teamed up to create the Coramino Fund, which offers a $10,000 grant program for entrepreneurs and small businesses from underresourced communities. As reported by Fortune, the selected firms will not only receive financial support but also cutting-edge AI training to help them incorporate this technology into their operations. Hart emphasizes the importance of seizing this opportunity and gaining the necessary education, warning that those who do not adapt to the changes brought by AI will be left behind.
Data and research also support the concerns raised by Obama and Hart, particularly for people of color. According to data from the U.S. Census, Hispanic-owned companies have reported the lowest adoption rates of AI at just under 9%, followed by Asian-owned businesses at around 11%. On the other hand, white-owned companies dominate the high usage of AI, with nearly 78% reporting significant use of the technology. Black-owned businesses rank last in AI usage, with less than 2% reporting high use.
A report from the University of California, Los Angeles further highlights the potential impact of AI on communities of color. Latinx employees in California are at high risk of losing their jobs due to automation and the increased use of technology that can perform repetitive tasks without human involvement. This could further widen the racial wealth gap by $43 million annually, according to data from the McKinsey Institute for Economic Mobility.
As AI continues to advance and become more prevalent in the workplace, it is crucial for businesses and individuals, especially those from underrepresented communities, to be prepared for the changes that lie ahead. The message is clear: adapt and embrace AI, or risk being left behind.
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