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Fortune

Jason Ma

Peter Thiel warned AI is coming for 'math people before word people.' Banks have already said smaller headcounts are possible

Peter Thiel Math Block Brian Moynihan LinkedIn JPMorgan

(Credit: Nordin Catic/Getty Images for The Cambridge Union)

The latest string of layoff announcements has stoked fears of an AI-powered jobs apocalypse, though the sectors seeing big losses echo a previous warning from tech billionaire Peter Thiel.

“It seems much worse for the math people than the word people,” he said in a recently resurfaced clip from a 2024 interview.

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