CUBAN: We are about to enter a period of artificial intelligence and machine learning
  • He used that claim as a launch point to discuss the swiftly evolving nature of jobs due to automation, using Trump’s work with US factories to underscore his point.
  • “Pay attention to the number of jobs in those companies two and three years out,” Cuban said.
  • Trump has been touting his role in US job creation, using announcements like General Motors’ pledge to invest $1 billion into US factories, as examples of places his pressure has helped American workers.
  • Cuban, however, counters that companies that are building factories will actually have a lower net employment once the factory is complete, since the factories will have robots and other automated processes that will take jobs away from humans.
  • “He thinks he’s creating more jobs, when in essence that’s not happening,” Cuban said in interview in February with Bloomberg’s Cory Johnson.

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