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SAP COO Says AI Job Apocalypse Fears Are Exaggerated, Emphasizes Governance

By

Steve Banker

14h ago· 7 min readen

Summary

SAP's COO Sebastian Steinhaeuser argues that fears of AI causing massive job losses (like the 20% figure) are overblown and amount to fear mongering. At SAP's Sapphire Madrid conference, the company is positioning itself not just as an enterprise software provider but as an AI governance solution provider. The article is based on an interview with Steinhaeuser, who offers a more measured perspective on AI's impact on the workforce, suggesting that AI will augment rather than eliminate jobs.

Key quotes

· 3 pulled
Will AI eliminate 20% of jobs across the world. SAP's COO, Sebastian Steinhaeuser, thinks such statements involve fear mongering.
SAP is positioning itself not merely as an enterprise software provider but as an AI governance solution provider.
Our conversation centered on AI.
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Will AI eliminate 20% of jobs across the world. SAP's COO, Sebastian Steinhaeuser, thinks such statements involve fear mongering.

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