Tag: Labour Market
15 articles tagged Labour Market
AI job losses to stay limited this year, Bridgewater says
Hedge fund Bridgewater says constrained computing capacity and patchy adoption will keep AI-driven job displacement low in the near term.
UK financial services hiring times double on AI skills shortage
Average time to fill an AI role in UK financial services has nearly doubled to nine months, with firms paying a 49% salary premium for candidates, AWS data shows.
Older professionals turn to AI data training as bridge jobs
Skilled workers over 50 are turning to AI data annotation after struggling to find work in their fields, taking steep pay cuts to train the systems replacing them.
Tech Layoffs Hit 165,000 as AI 'Experiment' Reshapes Work
Microsoft, Amazon, Block and Oracle have cut tens of thousands of jobs in the last year, blaming AI — but researchers say much of it may be 'AI-washing'.
AI Job Loss Fears May Be Overstated, Analysis Suggests
Despite headlines about mass unemployment, labour market data shows limited AI impact so far, with technology historically creating more jobs than it destroys.
Why AI Has Not Led to Mass Unemployment
Despite fears about job losses, unemployment rates in the UK, EU and US remain at historic lows. Here's why AI creates new work even as it automates existing roles.
If AI Is Taking Junior Lawyers' Jobs, Why Does Their Pay Keep Rising?
FT investigation reveals law firm salaries climbing despite AI adoption, as automation frees juniors for higher-value work rather than eliminating roles.
Why Universal Basic Income Won't Solve AI's Job Displacement Problem
Analysis argues Andrew Yang's UBI proposal falls short of addressing AI economy challenges, with $14tn cost for meaningful income and deeper inequality questions.
AI Tools Undermining Hiring Meritocracy Through Commitment Signal Collapse
Research reveals AI-generated applications and job postings destroying signalling mechanisms in recruitment, making hiring less meritocratic whilst increasing time waste for all parties.
