Overview
- Economists warn that slower U.S. growth could drive more companies to fast-track AI tools for cost cuts, risking accelerated job losses in entry-level roles.
- Sundar Pichai described AI as an “accelerator” that boosts engineer productivity and said Google will expand its engineering workforce into next year.
- Major employers like IBM have replaced hundreds of HR roles with AI agents and Klarna cut then rehired customer-support staff after bots fell short.
- Anthropic CEO Dario Amodei and Oxford Economics caution that up to 50 percent of entry-level white-collar jobs could vanish within five years, with recent-graduate unemployment already rising.
- Policy experts from Brookings and beyond call for comprehensive labor-market data and large-scale reskilling programs to help workers adapt to AI-driven change.