Anthropic's top economist says AI won't replace workers yet. Mark Cuban says it trails humans in 2 key ways.

Anthropic's top economist says AI won't replace workers yet. Mark Cuban says it trails humans in 2 key ways.

Mark Cuban is a tech billionaire and former "Shark Tank" investor. Andrew Harnik/Getty Images Anthropic's top economist says AI isn't replacing workers yet because it works better with humans than without them. Mark Cuban says that may never change.Peter McCrory wrote in an X essay on Wednesday that by all accounts, "AI has caused no material increase in the unemployment rate to date," even among workers most at risk of having their jobs automated by the nascent technology.The head of economics at Anthropic — the AI company behind Claude Fable 5, one of the top large language models — said that AI so far appears to be "both skill-biased and labor augmenting," meaning expert users get more out of it, and it helps people do their jobs better.AI simply isn't up to the job in some areas. McCrory said the "tasks that Claude can't handle may depend on interpersonal coordination, in-person interactions, or engagement with the physical world that, so far, only humans can do."He cautioned that human expertise could decline in importance as AI models improve, but AI shouldn't materially increase unemployment for at least the next year, he said.Cuban, a tech billionaire and former "Shark Tank" investor, highlighted two areas where humans trump AI in an X post responding to commentary on McCrory's essay by Box CEO Aaron Levie."Models don't know the consequences of their actions," he wrote. "People know what will get them fired. Models suffer from information latency. People understand what they see right in front of them." Cuban said those are two skills that "AI won't have for a long, long, long time. If ever." He added that they're "invaluable to every business decision," noting how often it's helpful to "read the room."Models don’t know the consequences of their actions. People know what will get them fired. Models suffer from information latency. People understand what they see right in front of them. 2 skills AI won’t have for a long long long time. If ever. 2 skills that are… https://t.co/dbzGpER01Z— Mark Cuban (@mcuban) July 23, 2026 "Add AI productivity to the real-time capacity and judgment of humans, and you will get the greatest return on both investments," Cuban wrote.He added that managers need to figure out how to squeeze the most value out of that combination, as doing so can be a "business propellant and competitive advantage."Cuban — who sold his internet-radio startup to Yahoo for nearly $6 billion during the dot-com bubble — recently warned the mad rush to build AI infrastructure could result in excess capacity as power efficiency increases. He joked that obsolete data centers could wind up being converted into "pickleball courts."Even so, Cuban has repeatedly emphasized that businesses must embrace AI or they'll fail."There's going to be two types of companies in this world: those who are great at AI, and everybody else that they put out of business," he said at a university event in February last year. Read next Theron Mohamed is a London-based correspondent on the Trending team at Business Insider. His coverage spans finance, investing, wealth, markets, and the economy.Theron joined BI in 2019 as a reporter at Markets Insider and rose to the rank of correspondent before moving to the Trending team in 2024. He previously covered tech, media, and telecom stocks for Investors Chronicle magazine and had a brief stint on the Financial Times' Data team. He interned at the Wall Street Journal in New York where he primarily wrote for Heard on the Street.Theron has freelanced for The Independent, The Telegraph, WIRED, and several smaller publications. He holds an undergraduate degree in geography from the London School of Economics, and a master's degree in journalism from Columbia University.Theron often covers Warren Buffett, Michael Burry, Jeremy Grantham and other top-flight investors. He also writes about the world's wealthiest people and shares financial advice from all manner of rich and successful people.Email Theron at tmohamed@businessinsider.com and follow him on X @theron_mohamed.ExpertiseCorporate financeStocks and investingWealth and philanthropyBusiness historyUS economyWarren Buffett and Berkshire HathawayPopular articlesAl Pacino says he went from $50 million to broke, joining a long list of stars who've experienced money troublesAn oil tycoon sold his company for $26 billion this year — but died before the deal closedWarren Buffett drinks 5 cans of Coke a day — here's why he switched from Pepsi after nearly 50 yearsMeet the 16 people in the $100 billion club — who are jointly worth more than Amazon or Google'Big Short' investor Michael Burry kept quiet, piled into China tech, and won big with a stock bet in 2024Bill Gates' former assistant is worth $154 billion — and could soon be richer than the Microsoft cofounderHoward Schultz talked about Steve Jobs, trademarking the latte, and Starbucks' problems in a marathon interviewWarren Buffett just made a rare trip to Tokyo. 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