"This significant exposure has raised concerns around widespread and permanent job loss, sparking fears of a 'job apocalypse' or 'humans going the way of horses.' Anthropic revealed this week that one of its AI tools, Claude Code, built a new product, Cowork, which allows others to use AI for workplace tasks normally done by humans - creating presentations, summarizing meetings, consolidating research. You read that right: AI built AI that will displace human work with AI. Use that for a glimpse of what's coming."
"The Wall Street Journal reports that a hot new San Francisco startup, Mercor, has hired more than 30,000 contractors to recruit specialists, from psychologists to dermatologists, to train AI to do their jobs. The company got a $10 billion valuation for a reason. Elon Musk, in a new "Moonshots" podcast episode, says AI is good enough today to replace half of white-collar jobs."
Goldman Sachs Research warns that AI can automate tasks accounting for roughly 25% of U.S. work hours, creating significant exposure to permanent job loss. Anthropic demonstrated that an AI tool built a product that automates workplace tasks such as presentations, meeting summaries and research consolidation, illustrating AI building AI. Some tech leaders are reportedly losing interest in H-1B visas because of expectations that AI will replace work often done by overseas talent. A startup, Mercor, has recruited tens of thousands of contractors to train AI across specialties, and public figures suggest AI could replace a large share of white-collar roles soon. The job market remains historically healthy but is showing signs of slowing, and many executives plan to run companies with fewer people while assessing roles AI will displace.
Read at Axios
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