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AI taking white-collar jobs. Economists warn ‘much more in the tank’

Marc Benioff, chief executive officer of Salesforce Inc., speaks during the 2025 Dreamforce conference in San Francisco, California, US, on Tuesday, Oct. 14, 2025. Michael Short | Bloomberg | Getty Images JPMorgan Chase and Goldman Sachs are harnessing it to employ fewer people. Ford CEO Jim Farley warned that it will “replace literally half of … Read more

Crypto lost 1,000 jobs to AI since ChatGPT launched—but gained them back from other sectors, says a16z report

Ever since AI supplanted crypto as the shiny new toy in Silicon Valley, there’s been no shortage of jokes about workers jumping ship. New data from prominent venture capital firm Andreessen Horowitz (commonly referred to as a16z) shows that the truth is more complicated. In its annual state of crypto report released on Wednesday, a16z … Read more

Meta cuts 600 AI jobs amid ongoing reorganization

Meta’s chief AI officer, Alexandr Wang, wrote in a memo to staff on Wednesday that the company will cut about 600 jobs from its superintelligence lab, according to a report from Axios. Meta declined to comment, but told TechCrunch that Axios’s reporting is accurate. As Meta, OpenAI, Anthropic, Google, and other companies race to build … Read more

Stagnant jobs market may weigh on optimistic GDP figures, warns Goldman Sachs

GDP estimates which show steady growth in the American economy may prove to be overly optimistic, Goldman Sachs warned, as a vacuum of data during the government shutdown may result in employment figures ultimately dragging down the optimistic outlook. In a note seen by Fortune, Goldman’s chief U.S. economist Jan Hatzius highlighted that GDP estimates … Read more

This couple left their jobs to travel 160,000 km across the world in their Land Rover

When 28 year olds Nick Chazee and Mathilde Vougny packed up their belongings to travel the world three years ago, they chose to do it in an unconventional way — in their Land Rover. Chazee, who was working at a technology startup, and Vougny at the United Nations, were exposed to frequent work travel. But … Read more

Orsted to slash 2,000 jobs amid battle with Trump administration

Picture taken on September 4, 2023 shows windmills at the Nysted Offshore Wind Farm constructed by Danish windpower giant Orsted in 2002-2003 in the Baltic Sea near Gedser in Denmark. Thomas Traasdahl | Afp | Getty Images Beleaguered wind farm operator Orsted announced Thursday that it intends to reduce its workforce by a quarter toward … Read more

Billionaire investor Marc Andreessen says AI destroying jobs and making everyone poor is a ‘fallacy’—and even if that did happen, prices would drop

Business leaders are split on how AI will change our world; Anthropic CEO Dario Amodei warned of a jobs armageddon on the horizon that will wipe out 50% of white collar roles, while Google DeepMind chief executive Demis Hassabis said the tech will usher in a “golden era” of space colonization and superhuman productivity. As … Read more

100 million jobs could be wiped out from the U.S. alone thanks to AI, warns Senator Bernie Sanders

AI isn’t just coming for low-wage or entry-level jobs—it could erase nearly 100 million of them across the U.S. over the next decade. That’s according to a new report from Senator Bernie Sanders (D-Vt.) that warns that “artificial labor” could upend the economy faster than the world is prepared for.  Fast-food and customer service workers … Read more

Jobs report in limbo, but Q4 could be stellar for crypto

A crucial catalyst for the crypto market was supposed to be Friday’s U.S. non-farm payrolls data, but that’s now in limbo due to the government shutdown, which is currently in its fourth day. Summary The crypto market would have reacted to the upcoming U.S. non-farm payrolls data. Some top coins like Zora, Optimism, and EigenLayer … Read more

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