Robinhood CEO Vlad Tenev says AI will create new jobs, not eliminate work

As fears grow that artificial intelligence will eliminate jobs, Robinhood CEO Vlad Tenev says the opposite may be true.

Tenev believes that artificial intelligence will not eliminate work, but rather will redefine what it means to have a job.

“AI will lead to an explosion not just of new jobs, but of new job families,” Tenev told FOX Business Channel’s Charles Payne during the FOX Business In Depth: The AI ​​Arms Race podcast.

Skepticism about new technology is nothing new, Tenev said, comparing today’s AI shift to the country’s move from farm and factory work to office and digital work over the past century.

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“Maybe 100 years ago, our ancestors were looking at what you and I are doing now, which is like talking to each other digitally about artificial intelligence. They think, you know, this isn’t real work,” Tenev said.

“I think in the same way they probably don’t think of what we do as a real business, we do [going to] He added: “Look at the job families and job opportunities in the future.”

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Those future jobs could include new forms of investing and trading for a living, roles that many people do not currently view as viable full-time jobs, Tenev said.

“This may not be a real job,” Tenev said.

Vlad Tenev, CEO of Robinhood Markets Inc, speaks during an interview with Bloomberg TV in London, England, on July 8. (Getty Images)

“But for people in the future, it will definitely be very real and very stressful, and it will bring with it all the emotions that we feel about our jobs,” he added.

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Tenev argues that technological disruption has always led to the reshaping of work standards rather than eliminating them completely. He pointed out that although similar transformations had occurred before, the pace of change today had become much faster.

“Although we have seen disruptions like this in the past, we have a feeling it will be faster,” he said.

“The speed, the rate of change and the acceleration make us very nervous.”

Vlad Tenev, CEO of Robinhood Markets Inc, speaks during an interview with Bloomberg TV in London, UK, on ​​November 29, 2023. (Jose Sarmiento Matos/Bloomberg via Getty Images/Getty Images)

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Automation and artificial intelligence are already starting to replace some professional tasks, with companies like Amazon and Salesforce citing it as one of the factors behind recent layoffs.

The changes have sparked concern in Washington, where a December 2025 Senate report listed fast food jobs, customer service and executive assistants among the jobs most vulnerable to automation.