Mustafa Suleyman, CEO of Microsoft AI at Microsoft, said in a recent interview with the Financial Times that artificial intelligence could automate most professional computer-based tasks within the next 12 to 18 months.
Suleyman predicted human-level performance on most professional work, including accounting, legal services, marketing, and project management. He said jobs that involve sitting at a computer are especially vulnerable. His comments align with recent warnings from AI researcher Matt Shumer and Sam Altman of OpenAI, who have both described rapid AI progress as potentially disruptive.
Earlier this year, Dario Amodei of Anthropic warned that AI could eliminate half of entry-level white-collar roles. Jim Farley of Ford Motor Company said AI might cut US white-collar jobs in half. At the World Economic Forum in Davos, Elon Musk of SpaceX said artificial general intelligence could arrive as early as this year.
Current Impact Remains Limited
Despite these forecasts, AI adoption in professional services has so far produced modest results. A 2025 report from Thomson Reuters found lawyers, accountants, and auditors using AI for targeted tasks such as document review and routine analysis. Productivity gains were described as marginal and did not indicate widespread job displacement.
In some cases, AI has reduced efficiency. A study from nonprofit Model Evaluation and Threat Research found that software developers took 20% longer to complete tasks when using AI tools.
Economic gains appear concentrated in the technology sector. Research from Torsten Slok, chief economist at Apollo Global Management, showed Big Tech profit margins rising more than 20 percent in the fourth quarter of 2025. By contrast, the broader Bloomberg 500 Index showed little change. Slok also cited Wall Street expectations for the S and P 500, noting investors do not anticipate higher earnings from AI outside the tech sector.
Job Cuts
There are early signs of workforce impact. Employment consultancy Challenger, Gray, and Christmas reported about 55,000 AI-related job cuts in 2025. Microsoft eliminated 15,000 roles last year, although it did not attribute the reductions directly to AI. In a July memo, Microsoft CEO Satya Nadella said the company needed to reimagine its mission for a new era.
Markets have reacted sharply to AI developments. Software stocks recently declined amid fears of automation in the software as a service sector, a selloff some analysts labeled the SaaSpocalypse. The downturn followed announcements from Anthropic and OpenAI about agentic AI systems designed to handle functions traditionally performed by SaaS companies.
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