#hiring-freezes

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#ai-job-displacement #cognitive-automation #yoshua-bengio #redundancies #quiet-firing #restructuring
Artificial intelligence
fromFortune
5 hours ago

The scientist that helped create AI says it's only 'a matter of time' before every single job is wiped out-even trade jobs like plumbing | Fortune

AI is already replacing cognitive desk jobs and will increasingly displace a wide range of roles, likely impacting most jobs within five years.
Business
fromFortune
3 weeks ago

The labor market feels so awful right now because companies are doing everything bar announcing mass layoffs, says the Fed | Fortune

Companies are reducing headcount through hiring freezes, replacement-only hiring, reduced hours, and AI-driven role cuts, weakening labor demand and denting consumer confidence.
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