The Prague Post - AI's 18-month Job disruption

EUR -
AED 4.27463
AFN 75.657747
ALL 92.118447
AMD 423.105294
ANG 2.083227
AOA 1068.510923
ARS 1761.930037
AUD 1.613198
AWG 2.095119
AZN 1.978198
BAM 1.957254
BBD 2.344242
BDT 143.186392
BGN 1.974493
BHD 0.438826
BIF 3478.299435
BMD 1.163955
BND 1.472
BOB 14.577832
BRL 5.941062
BSD 1.163865
BTN 110.758297
BWP 15.62561
BYN 3.564749
BYR 22813.51521
BZD 2.340839
CAD 1.606921
CDF 2688.735863
CHF 0.941287
CLF 0.027315
CLP 1078.567041
CNY 7.810777
CNH 7.805475
COP 3621.959807
CRC 528.99306
CUC 1.163955
CUP 30.844804
CVE 110.34462
CZK 24.26043
DJF 207.264004
DKK 7.474924
DOP 68.400824
DZD 154.769662
EGP 59.537107
ERN 17.459323
ETB 190.137178
FJD 2.57979
FKP 0.859526
GBP 0.858574
GEL 3.034453
GGP 0.859526
GHS 13.297881
GIP 0.859526
GMD 85.543594
GNF 10231.470473
GTQ 8.892416
GYD 243.510937
HKD 9.126553
HNL 31.233207
HRK 7.534395
HTG 152.213754
HUF 363.964029
IDR 20401.800745
ILS 3.519631
IMP 0.859526
INR 110.770849
IQD 1524.732928
IRR 1599943.248122
ISK 139.80235
JEP 0.859526
JMD 183.676478
JOD 0.825265
JPY 178.702573
KES 150.673728
KGS 101.788117
KHR 4716.524798
KMF 493.517065
KPW 1047.559714
KRW 1556.917402
KWD 0.359278
KYD 0.969921
KZT 528.99306
LAK 26052.357779
LBP 104227.444501
LKR 382.404139
LRD 203.100911
LSL 18.683382
LTL 3.436856
LVL 0.704065
LYD 7.362471
MAD 10.882486
MDL 20.105939
MGA 4998.714213
MKD 61.570749
MMK 2443.652519
MNT 4188.246399
MOP 9.400092
MRU 46.590618
MUR 54.507962
MVR 17.983565
MWK 2018.19959
MXN 19.658855
MYR 4.730895
MZN 74.38818
NAD 18.683382
NGN 1539.667681
NIO 42.830905
NOK 10.706994
NPR 177.213676
NZD 1.988058
OMR 0.447546
PAB 1.163865
PEN 3.898697
PGK 5.251835
PHP 72.758652
PKR 322.720993
PLN 4.31464
PYG 6869.103976
QAR 4.243062
RON 5.251648
RSD 117.370889
RUB 98.936638
RWF 1716.175176
SAR 4.365012
SBD 9.304677
SCR 16.092445
SDG 700.119667
SEK 11.152678
SGD 1.47114
SHP 0.862335
SLE 28.63644
SLL 24407.550488
SOS 665.194262
SRD 43.922988
STD 24091.515538
STN 24.517902
SVC 10.184567
SYP 15133.74095
SZL 18.688886
THB 38.306885
TJS 10.748687
TMT 4.085482
TND 3.386944
TOP 2.802524
TRY 56.445177
TTD 7.902872
TWD 36.719251
TZS 3072.83844
UAH 52.000438
UGX 4405.273266
USD 1.163955
UYU 46.834196
UZS 13761.333469
VES 947.078001
VND 30149.922678
VUV 137.324794
WST 3.162941
XAF 656.444761
XAG 0.01719
XAU 0.000263
XCD 3.145646
XCG 2.097659
XDR 0.822976
XOF 656.444761
XPF 119.331742
YER 275.915052
ZAR 18.659791
ZMK 10476.992775
ZMW 22.404647
ZWL 374.792989
  • JRI

    -0.0900

    12.11

    -0.74%

  • NGG

    -0.7800

    77.28

    -1.01%

  • BTI

    -0.8200

    54.33

    -1.51%

  • CMSC

    -0.1300

    20.69

    -0.63%

  • BP

    0.8000

    45.68

    +1.75%

  • RIO

    -0.0900

    103.74

    -0.09%

  • BCE

    -0.3200

    23.33

    -1.37%

  • BCC

    -0.9300

    75.93

    -1.22%

  • GSK

    0.0900

    48.63

    +0.19%

  • CMSD

    -0.1300

    20.55

    -0.63%

  • RYCEF

    -0.3300

    19.63

    -1.68%

  • VOD

    -0.1800

    17.13

    -1.05%

  • RBGPF

    -1.2600

    67.74

    -1.86%

  • AZN

    -3.1000

    156.94

    -1.98%

  • RELX

    -0.4500

    34.25

    -1.31%


AI's 18-month Job disruption




In February 2026, Microsoft’s newly appointed chief executive of artificial intelligence, Mustafa Suleyman, told the Financial Times that AI systems could soon perform “human‑level performance on most, if not all professional tasks”. He argued that the rapid growth of computational power would enable machines to automate any task performed by someone sitting at a computer — a lawyer drafting a contract, an accountant balancing a ledger or a marketing manager running a campaign. According to Suleyman, many such tasks would be fully automated within 12 to 18 months. The Microsoft executive cited the ability of large language models to write code better than most human coders and said that creating bespoke AI models would soon be as easy as starting a podcast or writing a blog.

His pronouncement was one of the most dramatic in a wave of tech‑executive warnings. Anthropic co‑founder Dario Amodei said last year that AI could eliminate half of all entry‑level white‑collar jobs within five years, while Ford chief executive Jim Farley suggested that the technology could drastically shrink white‑collar employment. AI researcher Matt Shumer compared the current moment to early 2020, when the pandemic’s economic shock had not yet fully registered. Critics, meanwhile, noted that similar predictions have been made repeatedly; some viewers of Suleyman’s interview remarked that they had heard the same 18‑month warning before, and others argued that if AI is truly so disruptive it should replace top executives first.

Evidence versus alarmism
Despite Suleyman’s dire timeline, research suggests only limited disruption so far. A 2025 Thomson Reuters report on professional services found that lawyers, accountants and auditors mainly use AI for targeted tasks such as document review and routine analysis, yielding only marginal productivity improvements. Some studies even report a negative impact: a Model Evaluation and Threat Research (METR) experiment on experienced software developers found that using a popular AI coding assistant increased task completion time by 19 %, because programmers spent additional time correcting the model’s suggestions. Other research has demonstrated speed‑ups in specific contexts, but the METR authors caution that these gains do not generalize to all code‑bases. In the broader economy, profits remain concentrated. Data from Apollo Global Management showed that Big Tech profit margins rose more than 20 % in late 2025, while the wider Bloomberg 500 index saw little change. Wall Street analysts thus doubt that AI will deliver higher earnings outside the tech sector.

Hiring data also temper the narrative. Employment consultancy Challenger, Gray & Christmas recorded about 55,000 job cuts attributed to AI in 2025. Microsoft itself eliminated 15,000 jobs last year, though it did not directly link those reductions to automation. Some industry observers believe executives are using AI hype to justify traditional cost‑cutting; user comments on social media argued that businesses often announce AI‑driven layoffs to distract from poor financial performance, and several commenters questioned who would purchase goods and services if most people were unemployed.

Economic and political reactions
Suleyman’s remarks provoked a fast response from policy‑makers. U.S. senator Bernie Sanders called the prediction an “economic earthquake” and urged a moratorium on new AI data centers so that the technology benefits workers rather than a handful of billionaires. Lawmakers in several states have already campaigned against the energy demands of AI facilities, and the issue has become politicised during the U.S. presidential race. Even Microsoft’s overall chief executive Satya Nadella has warned that the industry must earn the “social permission” to consume vast amounts of electricity. In an interview, Nadella said that AI companies need to show they are “doing good in the world” or risk a public backlash over energy use. He added that AI’s benefits must be widely shared and not confined to a few companies or regions.

Financial markets have reacted nervously. Concerns about automation drove a recent sell‑off in software stocks, dubbed the “SaaSpocalypse,” after Anthropic and OpenAI unveiled agentic AI systems capable of performing many software‑as‑a‑service functions. Analysts observed that the sell‑off reflected fear rather than current impact; AI products such as Microsoft’s Copilot are still in the early stages of adoption, and there are significant hurdles to full automation. Experts note that successful deployment requires training, redesigned workflows and reliable AI agents, and many organisations are far from achieving those prerequisites. Paul Roetzer, founder of the Marketing AI Institute, argued that displacement will be constrained by the difficulty of integrating AI into existing systems.

Social response and ethical questions
Public reaction to the 18‑month forecast has been mixed. Some see AI as a new industrial revolution that could free people from drudgery, while others fear widespread unemployment and social upheaval. Online comments on the interview reveal a deep scepticism: viewers joked that by the time AI automates marketing, it will also be cleaning toilets, and some called for a universal basic income to offset job losses. Others warned that if AI renders people jobless, the economy will collapse due to lack of consumers. A number of comments also highlighted that AI predictions often overlook who controls the technology; one observer noted that executive positions are rarely listed among the jobs that could be automated.

Ethical considerations extend beyond employment. AI’s energy appetite and the environmental costs of data centers have prompted demands for responsible innovation. Nadella’s plea for social licence underscores the need for transparent governance, equitable distribution of benefits and safeguards against monopolistic control. Advocates argue that if AI systems do not deliver tangible improvements in healthcare, education or climate resilience, the public may refuse to tolerate their resource consumption.

Looking forward
The gap between breathless forecasts and current reality suggests that the future of work will be more nuanced than a simple countdown to obsolescence. AI systems are undeniably accelerating, and many routine tasks will likely be automated. However, evidence points to augmentation rather than wholesale replacement. White‑collar roles that blend critical thinking, emotional intelligence and domain expertise are proving harder to replicate than anticipated. Meanwhile, new opportunities are emerging for workers who can supervise AI, curate data and integrate automated outputs into complex processes. Rather than fearing an AI takeover, experts advocate investment in education, reskilling and social safety nets so that labour markets can adapt.

The next 18 months will reveal whether Suleyman’s prediction was prescient or hyperbole. What is clear is that artificial intelligence has entered a phase of rapid experimentation. The challenge now is to ensure that the technology develops in a way that enhances human welfare, spreads prosperity and respects the planet’s finite resources.



Featured


Marhabaan, welcome to the UAE and Dubai!

Marhabaan, welcome to the UAE and Dubai! The "skyward striving" Dubai next to ancient desert cities. Mysterious Bedouins and magnificent mosques exist peacefully alongside futuristic cities. Discover wadis and oases, golden sandy deserts, paradisiacal beaches and Arabian hospitality. The modern and the ancient Orient united in a book for dreaming.On this journey to Dubai and Abu Dhabi in the United Arab Emirates, the fairy tales of 1001 Arabian Nights meet the modern Arab world. These cascading cities enchant with their sky-high skyscrapers, fragrant souks, huge shopping centres and the ancient cultural heritage of the sheikhs.You can choose to stay in 4- or 5-star hotels with breakfast and swimming pools. You also have more options to book excursions so you can feel the magic of the East even more. If you want to do something out of the ordinary, you can spend an extra night in an enchanting hotel in the middle of the emirate's desert. Experience your own fairytale from 1001 nights and look forward to a holiday with plenty of casual extravagance in two superlative desert cities!

Trade and business at the Dubai Gold Souk

If Naif Deira is associated with a specific context, organization, or field, providing more details could help me offer more relevant information. Keep in mind that privacy considerations and ethical guidelines limit the amount of information available about private individuals, especially those who are not public figures. The Dubai Gold Souk is one of the most famous gold markets in the world and is located in the heart of Dubai's commercial business district in Deira. It's a traditional market where you can find a wide variety of gold, silver, and precious stone jewelry. The Gold Souk is known for its extensive selection of jewelry, including rings, bracelets, necklaces, and earrings, often crafted with intricate designs.Variety: The Gold Souk offers a vast array of jewelry designs, with a focus on gold. You can find items ranging from traditional to modern styles.Competitive Pricing: The market is known for its competitive pricing, and bargaining is a common practice. Prices are typically based on the weight of the gold and the craftsmanship involved.Gold and More: While gold is the primary focus, the souk also offers other precious metals such as silver and platinum, as well as a selection of gemstones.Cultural Experience: Visiting the Gold Souk provides not only a shopping experience but also a glimpse into the traditional trading culture of Dubai. The vibrant market is a popular destination for both tourists and locals.Security: The market is generally safe, and there are numerous shops with security measures in place. However, as with any crowded area, it's advisable to take standard precautions regarding personal belongings.Gold Souk is just one part of the larger Deira Souk complex, which also includes the Spice Souk and the Textile Souk. It's a must-visit for those interested in jewelry, and it reflects the rich cultural and trading history of Dubai.

Dubai: Amazing City Center, Night Walking Tour

During this excursion, we leisurely explore Dubai Downtown and Burj Khalifa in the evening, giving you the chance to witness the captivating transformation of the district as it comes alive with the vibrant glow of thousands of lights. As the sun sets, the illuminated facade of Burj Khalifa and the enchanting Dubai Fountain collaborate to produce a genuinely magical atmosphere.Dubai Downtown, also known as Downtown Dubai, is a distinguished and iconic district situated in the heart of Dubai, United Arab Emirates. It is a renowned neighborhood celebrated for its striking architecture, luxurious living, and exceptional entertainment options. At the core of Downtown Dubai stands the Burj Khalifa, a towering skyscraper that holds the title of the world's tallest man-made structure and serves as an emblem of modern Dubai.Burj Khalifa: The focal point of Downtown Dubai, Burj Khalifa, is famous for its groundbreaking height, reaching an impressive 828 meters (2,722 feet). Designed by architect Adrian Smith, its distinctive Y-shaped design encompasses a mix of residential, commercial, and hotel spaces.Dubai Mall: Adjacent to Burj Khalifa is the Dubai Mall, one of the largest shopping malls globally, featuring an extensive array of retail outlets, from high-end boutiques to international brands. The mall also provides various dining options, and entertainment attractions like an indoor ice rink and an aquarium, and hosts the mesmerizing Dubai Fountain.Dubai Fountain: Located just outside the Dubai Mall, the Dubai Fountain is a captivating attraction that presents a nightly spectacle of water, music, and light, captivating visitors with its perfectly synchronized performances.Emaar Boulevard: Stretching through Downtown Dubai, this boulevard is adorned with restaurants, cafes, and shops, making it a popular spot for leisurely strolls, dining, and people-watching.Luxury Living: Downtown Dubai boasts numerous upscale residential buildings and hotels, making it an appealing locale for those seeking a sophisticated urban lifestyle.Cultural Attractions: The Dubai Opera, an iconic cultural venue within the district, hosts a diverse range of performances, including opera, ballet, concerts, and theater productions.Transportation: Downtown Dubai is well-connected through public transportation, including the Dubai Metro, facilitating easy access to other parts of the city.In summary, Downtown Dubai is a dynamic and vibrant district that stands as a testament to Dubai's modernity and grandeur. It seamlessly combines architectural wonders with shopping, entertainment, and cultural offerings, creating a truly extraordinary destination.