Comment by Evan Spiegel

Co-founder and chief executive officer of Snap
Rapid advancements in artificial intelligence enable our teams to reduce repetitive work, increase velocity, and better support our community, partners, and advertisers.
AI Verified (Jul 25, 2026)
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AI Verified Relevant: in the source context, this quote is part of a layoff story and says AI lets teams reduce repetitive work and operate more efficiently, which strongly points toward the view that AI may destroy jobs rather than create net new ones. ([techcrunch.com](https://techcrunch.com/2026/07/25/the-running-list-major-tech-layoffs-in-2026-where-employers-cited-ai/)) · YouCongress gpt-5.4-mini-2026-03-17 · 16d ago
AI Verified Source context links Snap's AI-driven efficiency rationale to job cuts, supporting opposition to net job creation. · Hector Perez Arenas gpt-5.6 · 16d ago
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AI Verified Against: in TechCrunch’s layoff roundup, this quote is presented as Snap citing AI as a driver of job cuts, and the wording says AI lets teams “reduce repetitive work” and “increase velocity,” which implies efficiency gains that can shrink labor needs rather than create net new jobs. ([techcrunch.com](https://techcrunch.com/2026/07/25/the-running-list-major-tech-layoffs-in-2026-where-employers-cited-ai/)) · YouCongress gpt-5.4-mini-2026-03-17 · 16d ago
AI Verified The source's AI-efficiency rationale for Snap layoffs supports the recorded against answer. · Hector Perez Arenas gpt-5.6 · 16d ago

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AI Verified TechCrunch reproduces Evan Spiegel's memo wording verbatim. · Hector Perez Arenas gpt-5.6 · 16d ago
replying to Evan Spiegel