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Nobel laureates and researchers warn of AI-driven workforce displacement as tech giants invest billions

AI makes the dumbest seem smarter, the smartest seem dumber, while dragging the entire human average down in the process.

Insighttechnologybusinessai ethics

newrepublic.com·Tech by Flipboard·2d ago·9 min read

Economist proposes taxing gig economy companies to help fix Social Security shortfall

Insightpoliticsbusiness

Shared by @marketplace.org ↗

marketplace.org3d ago

Non-compete clauses are spreading beyond executives, suppressing wages and economic growth

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oecdecoscope.blog5d ago

AI Code Creates Gig Work for Humans to Clean Up Its Mistakes

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Shared by @jacobinmag.bsky.social ↗

jacobin.com6d ago

US labor force participation drops to 61.5% as 1 million workers exit, experts debate causes

Over the last year, about 1 million workers have thrown in the towel. In June alone, 720,000 people left the workforce. Here are some reasons why.

Insightbusinessnewsworkforce trends

usatoday.com·Business by Flipboard·8d ago·6 min read

Data shows rise in sick leave driven by pandemic, aging workforce, and healthcare collapse — not mass fraud as Feijóo claims

Hay un gran auge de las incapacidades por enfermedad, en España y Europa, con un cóctel de factores destrás: la pandemia, el envejecimiento de los trabajadores y el colapso de la sanidad, entre otros

Insightpoliticshealthsocial policy

eldiario.es·📰 News·8d ago·11 min read

Report: 84.5% of Ohio jobs pay below cost of living for a family of three

Ohio jobs pay so poorly than median wages for 84.5% won't cover the cost of living if that worker is the sole earner in a family of three.

Newsbusinessnewslabor economics

ohiocapitaljournal.com·Trending Finance·14d ago·3 min read

Remote Labor Index shows frontier AI models automating substantially more freelance work

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Shared by @taraba.bsky.social ↗

safe.ai14d ago

Germany invests €300 billion in AI to address labor shortage, facing limits of automation

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Shared by @bigearthdata.ai ↗

startupfortune.com18d ago

Proposal to tax AI and robots instead of human labor gains attention

Opiniontechnologybusiness

Shared by @AndrewYang ↗

blog.andrewyang.com19d ago

Seattle's $26 minimum wage for delivery drivers leads to reduced earnings and fewer jobs, analysis finds

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Shared by @sarthakgh ↗

reason.com22d ago

Cory Doctorow: The AI Bubble, Not Job Replacement, Is the Real Threat

technologybusiness

Shared by @nataliedavis.journa.host.ap.brid.gy ↗

jacobin.com23d ago

Companies may be using AI as an excuse for layoffs, economists suggest

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Shared by @imgregory.bsky.social ↗

bbc.com25d ago

BLS Data: Percentage of Hourly Food Service Workers Paid at or Below Federal Minimum Wage (2000-2025)

Graph and download economic data for Employed: Percent of hourly paid workers: Paid total at or below prevailing federal minimum wage: Private wage and salary workers: Food services and drinking places industries: 16 years and over (LEU0206959300A) from 2

Insightfinancebusinesslabor economicsfred.stlouisfed.org·Trending Finance·1mo ago·1 min read

Remote work, not AI, is driving unemployment rise among young white-collar workers, studies suggest

Newsbusinessnews

Shared by @presnabharp.bsky.social ↗

axios.com1mo ago

Teradata CEO's $16.1M pay contrasts with employee raise cancellation to fund AI investments

Opiniontechnologybusiness

Shared by @joss17.bsky.social ↗

substack.com1mo ago

Algorithmic Monocultures in Hiring: Risks of Homogenized AI Assessment Tools

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Shared by @mirandahorner.bsky.social ↗

digitaleconomy.stanford.edu1mo ago

AI agents fail 95% of professional tasks, yet tech companies continue layoffs citing automation

Newstechnologybusiness

Shared by @dlarson.bsky.social ↗

share.google1mo ago