The Minutes of Howard Marks on employment https://minutesof.com/howard-marks/on/employment/ Everything Howard Marks has said on employment: 5 verbatim quotes between February 2026 and March 2026, each with a timestamp and a link to the recording… en Sun, 30 Aug 2026 16:22:27 +0000 Marks cites Block eliminating 40% of its workforce in one day as evidence most people underestimate AI's impac https://minutesof.com/q/3a0a77f4-43be-4961-a551-ee04b6f7c481/ https://minutesof.com/q/3a0a77f4-43be-4961-a551-ee04b6f7c481/ “40% of the workforce gone in one day because AI could do the work cheaper and faster. So how many people in the world understand the potential import of that?” — Bloomberg Television Wed, 18 Mar 2026 17:49:13 +0000 employment Marks says AI can eliminate a huge percentage of knowledge work, citing Block laying off 4,000 people. https://minutesof.com/q/1c5a430a-2728-46bb-bbf9-320c48ff85ad/ https://minutesof.com/q/1c5a430a-2728-46bb-bbf9-320c48ff85ad/ “Clearly, it can eliminate a a huge percentage of of knowledge work. And you we saw Friday block 10,000 employees, let 40%, 4,000 people let go” — CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 employment Marks says AI can eliminate a huge percentage of knowledge work, citing Block laying off 4,000 employees in on https://minutesof.com/q/9e5df2e7-0b2f-4ce5-9467-4812f1737ed0/ https://minutesof.com/q/9e5df2e7-0b2f-4ce5-9467-4812f1737ed0/ “And you we saw Friday block 10,000 employees, let 40%, 4,000 people let go in one go, who who aren't needed anymore because AI can do it better and cheaper and faster.” — CNBC Television Thu, 05 Mar 2026 17:25:57 +0000 employment Marks notes AI could eliminate half of entry level jobs but questions whether productivity gains translate to https://minutesof.com/q/b8de4185-9587-4979-b30a-f431f5f7446d/ https://minutesof.com/q/b8de4185-9587-4979-b30a-f431f5f7446d/ “You say that AI has the ability to eliminate half of entry level jobs. That was the whole conversation because then they cut to something else. But the point is that may be true.” — The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 employment Marks notes CNN reported AI could eliminate half of entry level jobs while maintaining US GDP, raising profita https://minutesof.com/q/1766defe-a210-445f-8840-64bca5ff19b0/ https://minutesof.com/q/1766defe-a210-445f-8840-64bca5ff19b0/ “And obviously if you can produce The US GDP and eliminate half the entry level jobs, it could be more profitable or certainly more productive.” — The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 employment