Kevin O’Leary Calls AI an 'Amazing Opportunity' for Entrepreneurs, Says Nobody Wants to Stop 'Innovation' or 'Job Creation'

Investor and entrepreneur Kevin O’Leary defended the rapid expansion of artificial intelligence, arguing that the technology presents a major opportunity for innovation, job creation and economic prosperity in the U.S.

O’Leary Calls AI a Major Economic Opportunity

On Sunday, in a post on X, O’Leary said millions of entrepreneurs viewed AI as an “amazing opportunity,” positioning himself firmly among those who believe AI will deliver significant economic and scientific breakthroughs.

“There’s two camps. Some believe that the robots are gonna eat the babies, and the other believe that we’re gonna cure cancer,” he wrote, adding that he belonged to the “cure cancer camp.”

O’Leary argued that Americans broadly support technological advancement, business growth and economic development.

“At the end of the day, no one wants to stop innovation. No one wants to stop job creation. Nobody wants to stop digitization,” he said.

O’Leary also described AI as the “number one use of capital in our economy right now,” arguing that the technology was generating millions of jobs.

Talk to the millions of entrepreneurs that see this as an amazing opportunity because AI is here to stay. There's two camps. Some believe that the robots are gonna eat the babies, and the other believe that we're gonna cure cancer. I'm in the cure cancer camp, and so are millions… pic.twitter.com/ZBBGEI6JVH

— Kevin O'Leary aka Mr. Wonderful (@kevinolearytv) November 8, 2026

AI Boom Fuels Growth and Job Fears

Last week, Advanced Micro Devices Inc. (NASDAQ:AMD) CEO Lisa Su projected strong AI growth in 2027, expecting server revenue to double year over year and Data Center AI revenue to grow even faster.

She anticipated the Data Center business would contribute more than 80% of AMD’s total revenue, while acknowledging that demand exceeded available supply.

Meanwhile, venture capitalist Chamath Palihapitiya warned that AI-native startups faced growing competition from foundational model developers such as OpenAI and Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google as they expanded into software applications.

He argued that falling AI costs were shifting value toward owning applications and workflows rather than selling access to AI models, warning that AI-native businesses could face disruption as foundational model developers move into their markets.

Previously, Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates warned that AI could displace workers faster than they could adapt, particularly threatening lower-paid and entry-level jobs.

He cautioned that automation could affect industries ranging from law and customer service to manufacturing, while new positions might not replace those lost. Gates also warned that society lacked a plan to prepare workers for the transition.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo courtesy: Kathy Hutchins / Shutterstock.com