employment

"Block announced layoffs of approximately 4000 people, from 10,000 to 6,000, due to the company developing its own AI tool named 'Goose,' which significantly increased efficiency and replaced a considerable number of employees."

"In other words, overall, companies that deeply apply AI tend to be hiring, rather than laying off."

"AI improves production capacity, but the role of humans has not disappeared, but has been strengthened in many tasks. This means that AI brings both efficiency gains and creates new job opportunities, such as data scientists, AI trainers, automation engineers, and other new professions constantly emerging."

"Early employment and wage data show that AI may be doing both [automating and enhancing tasks] simultaneously."

"KakuNara is a web service that automatically generates resumes and work history documents using AI by simply entering information according to the questions."

"It was a “thought exercise” about the impacts of artificial intelligence, and it predicted that in June of that year, AI would jack up unemployment past 10 percent and force the Dow down, down, down."

"By 2025, when companies in the US announced 55,000 layoffs, the direct reason for the layoffs was attributed to Artificial Intelligence, which is more than 12 times the number of people laid off due to AI two years ago."

"The real drivers are perception and financial engineering - the story we tell about the technology, and the capital structures that story enables."

"Fed's Cook says AI triggering big changes, sees possible unemployment rise"

"Job seekers are turning to AI to help them land jobs more quickly in a tough labor market.... Employers say that's having an unintended consequence: Many applications are looking and sounding the same..."

"“I don't know the exact proportion, but there is some degree of 'AI reshuffling' going on—some companies are blaming AI for layoffs that would have happened anyway, and there is also a genuine replacement of some jobs by AI.”"

"Sam Altman says there is some "AI washing", where companies blame AI for layoffs that they would otherwise do, alongside "real displacement by AI" of some jobs."

"First and foremost, I got an offer letter (the so-called job offer)!"

""You can see the computer age everywhere but in the productivity statistics," Solow wrote in a New York Times Book Review article in 1987."

"Many predictions about our current moment have proved quite wrong"

"IBM will be increasing the number of new hires in the US for entry-level positions to three times the original plan."

"According to a survey, 12.3% of companies have already been affected by staff reductions due to AI-driven business process automation."

"For most people who use it, 'artificial intelligence' amounts to free-tier ChatGPT; for them AI is useful for answering questions and drafting emails. But now people are starting to realize that AI will be a massive force in the world."

"IBM says it plans to triple entry-level hiring in the US in 2026 "for all these jobs that we're being told AI can do""

"In this historical intersection, the labor market and labor relations present new characteristics."

""AI hasn’t replaced anyone, it’s just made us more efficient and more valuable.""

"New York state has required companies to disclose if “technological innovation or automation” was the cause of job loss for nearly a year. So far, none has."

"While AI is having an impact on the workplace, experts suggest tariffs, overhiring during the pandemic and simply maximising profits may be bigger factors."

"AI is an amplifier, not a replacement for humans. The quality of the results strongly depends on the quality of the input."

"AI may cause harm including the technology becoming autonomous and unpredictable, bad actors or terrorist organizations using it to create biological weapons, and some countries using AI to gain greater power, thereby establishing a 'global totalitarian dictatorship'."

"“We are planning to slow our own expansion significantly because we think we can get more done with fewer people.”"