'You shouldn't worry as much about AI taking your job as you should worry about someone who's very good using AI taking your job': Cisco CEO says effects of AI will cause "carnage" in the jobs market

• AI likened again to the Dotcom bubble, companies warned of post-bubble downfall
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Cisco CEO Chuck Robbins has warned that, although AI will create new opportunities, it will also be responsible for "carnage along the way" with many companies unlikely to survive any post-bubble shakeout.

Speaking with the BBC, Robbins argues AI will ultimately be "bigger than the internet," indicating that there's more to come, much like how the Dotcom bubble preceded the longer-term internet transformation.

But these aren't baseless projections – Cisco actually survived a similar bubble around the 2000 peak, when its stock fell roughly 80% after surging quickly. Robbins stressed that the same downfall could follow this initial AI boom.