AI is overrated, according to author Cory Doctorow. “I don’t think AI can do your job,” Doctorow said, but despite that, bosses across industries are “insatiably horny” about the idea that AI will replace jobs. Top of the list is tech bosses. Tech is one of the industries where AI is scaling significantly faster in […]
AI Isn’t Killing Jobs, Trump Is
The American economy is in upheaval, thrown into chaos and uncertainty by something that has fundamentally changed the way businesses operate and hire. No, not artificial intelligence. In fact, new research from the Yale Budget Lab suggests that AI has been no more impactful on economic opportunity than previous technological breakthroughs, despite fears that it […]
AI Is Crushing the Early Career Job Market, Stanford Study Finds
If you suspected that AI is taking jobs away from young workers, there is now data to back this up. Three economists at Stanford University’s Digital Economy Lab —professor Erik Brynjolfsson, research scientist Ruyu Chen, and postdoctoral fellow Bharat Chandar— published a paper on Tuesday that found early-career workers aged 22 to 25 in the […]
Bank Fires Workers in Favor of AI Chatbot, Rehires Them After Chatbot Is Terrible at the Job
Companies all over the world are currently racing to shrink their workforces and replace them with AI. Often, it seems, this isn’t working out for the firms involved. Case in point: A bank in Australia recently did so, but then had to ask its workers to come back after it turned out that the chatbot […]
Microsoft Predicts These Jobs Are Safe From AI
Much ink has already been spilled about the threat of AI to various labor markets. As new forms of automation seep into industries, folks want to know which jobs are endangered and which are safe. Well, a new study published by Microsoft researchers purports to show which positions have the most AI “applicability,” and which […]
AI Is Already Disrupting Labor, and Recent Grads Could Be a ‘Lost Generation’
“Artificial intelligence is going to replace literally half of all white-collar workers in the U.S.” That’s a direct quote from Ford CEO Jim Farley from earlier this month. And he is not the only executive ringing the alarm. Perplexity CEO Aravind Srinivas recently told The Verge that he expects AI to be able to replace […]
Salesforce CEO Claims Half of the Company’s Work Is Now Done by AI
While many companies that went all in on AI have since pulled back, Salesforce is going full steam ahead. In an interview with Bloomberg, CEO Marc Benioff claimed that as much as 30% to 50% of the company’s work is now completed by AI—though no word on how much of his role personally has been […]