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On October 22, 2026, former Google CEO Eric Schmidt offered his assessment that AI platforms can eliminate the "coordination tax" within enterprises, making roughly several thousand positions unnecessary in a company of 10,000 people. Drawing on his own experience, he said he used to work about 63 hours a week and spend 12 hours a day in meetings, and that this kind of coordination burden can be eliminated by AI. He also advised Gen Z not to resist AI but to get on board this "rocket ship." At present, this claim has only one report from Fortune Tech as its source, and there are no subsequent factual developments.
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Oct 22
Fortune Tech
Former Google CEO Eric Schmidt: Working 60 Hours a Week, AI Will Eliminate Coordination Burden and Cut Thousands of Jobs
Former Google CEO Eric Schmidt said he used to work about 63 hours a week, spending 12 hours a day in meetings, and that AI platforms can eliminate this "coordination tax." He estimates that in a company of 10,000 people, several thousand are redundant, and advises Gen Z not to resist AI but to get on this "rocket ship."