The billionaire founder and CEO of Vista Equity Partners makes plea to businesses adopting AI: ‘Don’t destroy your intern program’
Robert Smith, CEO of Vista Equity Partners, urged businesses to preserve their internship programs amidst the rise of AI. He emphasized that new technologies build upon previous ones and that involving younger generations is crucial for knowledge transfer and fostering optimism. Smith highlighted his own experience with an internship at Bell Labs as formative to his career, underscoring the value of early exposure to technological advancements. AI
IMPACT Businesses should consider the long-term impact of AI on their workforce and maintain internship programs to foster future talent.