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Ford CEO Jim Farley is issuing a wake-up call to America: the country’s economic strength depends not just on the innovation hotspots of Silicon Valley, but on the everyday industries that get things “moved, built, or fixed.” In a series of recent commentaries and interviews, Farley has been highlighting the mounting crisis in the “essential … Read more
While it may be assumed that recent college graduates aren’t ready to take on the AI-burdened job market, the ones prepping them for the workforce feel otherwise. Nearly nine in 10 educators believe their students are prepared to enter the workforce, but students disagree. Almost half of graduates don’t even feel prepared enough to apply … Read more
Current CEO of Hewlett Packard Enterprise Antonio Neri rose from call center agent at the company to chief executive officer. Doug McMillon, Walmart CEO, started off with a summer gig helping to unload trucks. It’s a similar story for GM CEO Mary Barra, who began on the assembly line at the automaker as an 18-year … Read more
In what seems like a dumpster fire of an early career job market for Gen Z—filled with ghost jobs and AI agents—Sam Altman said it’s actually “the most exciting time to be starting out one’s career, maybe ever.” “I think that [a] 25-year-old in Mumbai can probably do more than any previous 25-year-old in history … Read more
As AI rapidly disrupts white-collar roles, many workers are scrambling to find a career that is safe from complete automation. Now, skilled traditional trade work is on the rise—and $13.7 billion grocery giant Whole Foods Market is reviving artisan skilled apprenticeships. Every quarter, the company welcomes up to 300 staffers on its upskilling program‚ giving … Read more
Earlier this month, OpenAI CEO Sam Altman revealed that the technology can already perform the tasks equal to that of an entry-level employee. Now, in a podcast posted just last week, the ChatGPT mastermind went even further—saying AI can even perform tasks typically expected of the smartest grads with a doctorate. “In some sense AIs … Read more
Zhang says his company makes money on each individual conversation after excluding certain overhead costs, but he declined to comment on the startup’s overall profitability. With $100 million raised from venture capitalists including Andreessen Horowitz and Accel, Decagon has the flexibility to prioritize growth over profitability. “Whether we could be pricing more, it’s always like … Read more
LinkedIn cofounder Reid Hoffman says what young people learn in college isn’t the most important thing in landing a job. Being able to leverage AI tools, tackle new labor market challenges, and leverage connections is more essential for Gen Z seeking employment—and his advice echoes that of Nvidia CEO Jensen Huang. The stable career path … Read more
Good morning! Workers are feeling the burden of economic uncertainty, and it’s leading them to become increasingly less hopeful about their jobs—especially if they’re just starting out. The share of employees overall who reported having a positive six month outlook fell to 44.1% in May, down from 45.8% the previous month, according to new data … Read more
Anthropic CEO Dario Amodei says AI could wipe out roughly 50% of all entry-level white collar jobs. The cuts could come within five years, he says, causing unemployment to spike as high as 20%. He’s urging consumers and lawmakers to prepare now to protect the nation. The CEO of artificial intelligence company Anthropic is warning … Read more
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