Santiment Reveals: AI Talk Surpasses Crypto on X Amid Job Displacement Fears - Crypto Economy

TL;DR

• Santiment reports that, between May 29 and June 5, the debate about AI and its impact on employment surpassed discussions about cryptocurrencies on social media.
• McKinsey’s predictions suggest that up to 30% of jobs in the U.S. could be automated by 2030, which has fueled conversations about AI.
• In addition to AI and jobs, cryptocurrencies like Solana and memecoins are generating significant interest on social platforms, driven by large bets from whales like James Wynn.

Artificial intelligence (AI) has gained significant ground in social media conversations, temporarily displacing interest in cryptocurrencies, according to the on-chain analytics platform Santiment. According to its detailed report, between May 29 and June 5, users on X showed a growing interest in the impact of AI on employment, with a particular focus on the potential replacement of jobs through automation in various industries and regions.

This shift in focus comes amid a concerning prediction from McKinsey, which suggests that by 2030, 30% of jobs in the United States could be automated, while another 60% could be significantly altered by AI-based tools. This type of scenario has sparked considerable debate among experts and users, who are weighing whether AI will bring more benefits than drawbacks in the long term.

Growing Interest in AI and its Integration Into Crypto

Santiment’s analysis also shows that social media users are increasingly interested in the integration of AI with the world of cryptocurrencies. Blockchain platforms have begun exploring the use of AI to enhance operational efficiency and improve user experience. Projects like Kite AI, which launched an AI-focused testnet in February, and the 0G Foundation, with its $88.88 million fund to support AI-based decentralized finance applications, are clear examples of this trend.

In addition, social media users are exploring how AI could improve everyday tasks such as cooking, driving vehicles, and managing financial security, reflecting a growing interest in the technology’s role in daily life. Santiment notes that the conversations are not only limited to job automation but also include the development of decentralized AI agents, which could represent a new phase of mass adoption within the crypto ecosystem.

Cryptocurrencies Remain a key Topic

Although AI is taking center stage, cryptocurrencies remain a relevant topic. Santiment reported that crypto whales, such as billionaire trader James Wynn, have been prominent in discussions. Wynn was liquidated for nearly $25 million in Bitcoin on June 4, which drew significant attention to his market moves. At the same time, tokens like Solana, Loud Token, and several memecoins, such as Dogecoin and Shiba Inu, also experienced a notable increase in social volume during the same period.