Indeed chief economist says execs are 'overestimating the speed' of AI transformation in the labor market | Fortune
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Indeed chief economist says execs are 'overestimating the speed' of AI transformation in the labor market | Fortune
"“I think we're overestimating the speed at which we're going to see this transformation,” Svenja Gudell, chief economist at Indeed, said on Tuesday to a room of executives during a panel session at the 2026 Fortune Workplace Innovation Summit in Atlanta about the pace of the labor market's AI transformation. “I think we're underestimating the long-term impact it will have.”"
"As of late 2025, 5.7% of U.S. firms had posted at least one AI-related job on Indeed, up from roughly 2% in 2018, and about 4% of all job postings mentioned AI at all, according to Indeed's report released in January. Yet nearly 90% of those AI-related postings came from just 1% of companies, with adoption rates reaching 49.9% among the largest firms compared with only 1.3% among the smallest third."
"“AI is going to significantly change the way we do things, ‘not tomorrow or the day after, but months and years into the future,’” Gudell said. “I think it's so important to have the data and to be able to act now to kind of kick off the things that you need to do in order to be set up for tomorrow,” she said, adding that while it's a difficult task, it's also really important."
"AI hiring in the U.S. is currently concentrated among large technology companies, hyperscalers, and major consulting and professional-services firms, although adoption is gradually spreading to other sectors. Becky Schmitt, chief people officer at PepsiCo, was also a panelist and provided a perspective on what it takes to keep the entire organization on the same page"
As of late 2025, 5.7% of U.S. firms posted at least one AI-related job on Indeed, up from about 2% in 2018. About 4% of all job postings mentioned AI. Nearly 90% of AI-related postings came from just 1% of companies. Adoption reached 49.9% among the largest firms, compared with 1.3% among the smallest third. Over 5% of job postings on the platform mentioned AI as of April 2026. AI transformation is expected to occur over months and years, not immediately. Sectors most exposed to AI are seeing growth in job demand, and AI hiring is currently concentrated in large technology, hyperscalers, and major consulting and professional-services firms, with gradual spread to other sectors.
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