Microsoft president says AI backlash at graduation events should be wake-up call for the tech industry
Young people aren't anti-AI, Brad Smith argues – they're anti-replacement
The AI boomerang effect: more data suggests employers are reversing AI layoffs
Studies find up to 50% of companies that replaced workers with AI are rehiring or expressing regret
Connecting the dots: Generative AI has been blamed for hundreds of thousands of layoffs over the past year, but evidence that companies moved too quickly to automate white-collar jobs is steadily mounting. Multiple recent studies suggest that many employers are refilling recently eliminated positions after overestimating AI's productivity gains and cost savings.
A top economist says there's "zero evidence" AI is killing jobs, despite thousands of actual layoffs
Apollo's Torsten Sløk argues the AI boom is boosting employment
Sam Altman is "delighted" his AI jobs apocalypse prediction was wrong
Was it?
A hot potato: OpenAI boss Sam Altman says he is delighted that the AI-caused jobs apocalypse he predicted has not come to pass – news that's unlikely to reassure anyone who's lost their job because of AI. It appears that the CEO's taking the view that although things are pretty bad, they're really not as bad as he expected.
Meta is reassigning 7,000 workers to AI jobs while laying off thousands more
At Meta, employees are either losing jobs to AI or being reassigned to build it
A Chinese court just ruled companies can't fire workers simply because AI can replace them
AI automation is a business choice, not a legal excuse for firing staff
$77 million tax break, one new permanent job: JPMorgan data center deal sparks backlash
Critics say the subsidy is a perfect example of data center excess
Americans are using AI more, but fear of job losses is growing
70% of Americans fear AI will cut job opportunities, while 30% say it could make their jobs obsolete
$1,000-a-month basic income program launches for workers displaced by AI
Organizers hope AI firms will help fund the program
Recap: One suggestion for helping the many thousands of people laid off or unable to find a job because of AI has long been a basic income program. That plan is no longer a theoretical proposition: it started running this week, though recipient numbers are currently low.
Tech worker confidence falls faster than any other industry, survey finds
Fears over layoffs and automation are dragging confidence down
One in four CEOs say AI is a bubble but will continue investing
One in five CEOs also expect job cuts this year
Editor's take: The more money companies spend on AI, the larger fears grow that this is a bubble ready to burst. But for most CEOs, it's more important to be seen spending big on the technology than taking a more cautious approach.
Amazon's latest round of layoffs hits its robotics unit
The layoffs land weeks after Amazon shelved its Blue Jay delivery robot
Washington state bill would ban employers from forcibly microchipping workers
Welcome to the world of tomorrow
Jack Dorsey says AI is driving Block's massive layoffs as 4,000+ roles are cut
Dorsey said he preferred ripping off the bandage -- one big cut instead of years of smaller layoffs
Billionaire VC Vinod Khosla proposes scrapping taxes for 125 million Americans amid AI job fears
Khosla wants to raise capital gains tax to offset the losses
Winners & losers: As AI becomes increasingly capable of performing human jobs, fears of mass unemployment keep growing. Billionaire investor Vinod Khosla suggests one way to deal with the problem is to scrap taxes for up to 125 million people in the coming decades, and that the government offsets the lost revenue by increasing capital gains taxes and eliminating certain tax breaks.
IBM says it will triple entry-level hiring for roles "we're being told AI can do"
Entry-level roles are being rewritten to focus on skills automation can't easily replace
AI could wipe out most white-collar jobs within 12 months, Microsoft AI chief warns
Suleyman says lawyers, accountants, and marketers could be at risk
A hot potato: Another big name in the AI industry has given an ominous warning about the technology replacing white-collar jobs. This time, the timeline for the automation apocalypse is a lot closer: Mustafa Suleyman, Microsoft's AI chief, thinks AI will replace most white-collar jobs within the next 12 to 18 months.
Use of AI in the workplace triples in two years, with tech and finance leading the charge
Gallup finds that 25% of US workers now use AI frequently, but adoption remains uneven across sectors
Hyundai plans to deploy humanoid robots by 2028, union warns of job losses
The robots are set to be deployed at Hyundai's Georgia plant
Apple announces more senior execs are leaving, including its general counsel and DEI chief
Companies have been scaling back their DEI programs since Trump took office again
xAI employee praised by collegues for working 36 hours without sleep
One employee mocked work-life balance
Nvidia's Jensen Huang urges employees to automate every task possible with AI
He insists automation will not eliminate jobs as the company grows to 36,000 workers
HP to lay off up to 6,000 workers as it goes all-in on AI and automation
HP wants to embed AI in everything it does
Infosys co-founder hikes 70-hour workweek call to 72 hours, praises China's 996 model
Who needs a life when you can work?