Economics companies have already cut as many jobs to AI this year as all of last year news.outsourceaccelerator.com205,000 people have lost their jobs to AI this year, matching all of last year's total with four months still left on the calendar. Most of it lands on customer service, data entry, entry-level code, … Upvotes: 0Downvote Comments: 0Share
mitsloan.mit.eduEconomics an mit economist put a name to what happened to the job: disposable workers mitsloan.mit.eduan mit economist surveyed over 6,000 workers and interviewed nearly 100 more, and found companies are the ones pushing you into contract work, not the other way around. he points to a mckinsey line - … Upvotes: 0Downvote Comments: 0Share
Economics the robot security guards are getting sent back 404media.cotwenty-one robot guard programs since 2015, at least thirteen of them shut down, one that flopped into a fountain in DC, and now Knightscope - the market leader, $273 million in debt since 2013 - has … Upvotes: 0Downvote Comments: 0Share
cnbc.comEconomics the economy lost 23,000 jobs in july and the unemployment rate went down anywayPayrolls fell by 23,000 in July. Wall Street had penciled in a gain of 83,000, so that is a wide miss. the unemployment rate went down anyway, to 4.1%, which sounds like good news untill you read the … Upvotes: 1Downvote Comments: 0Share
Economics the companies that fired people for AI are quietly hiring them back forbes.comremember all those press releases about AI making everybody so much more productive? turns out a lot of the companies that laid people off for the robot are quietly hiring humans back. Robert Half fou… Upvotes: 0Downvote Comments: 0Share
Economics 93% of workers say pay isn't keeping up. the other 7% must be doing the surveys allwork.spaceMonster's 2026 Cost of Living report: 93% of workers say wages aren't keeping pace with the cost of living. only 7% got an inflation related raise this year, 71% got a raise under 3%, and 85% have dip… Upvotes: 0Downvote Comments: 0Share
Economics the average american subscription bill just hit $111 a month wfsb.comNew CNET survey numbers: $111 a month on subscriptions, $1,332 a year, up 23% in one year. about $252 of that is going to stuff people don't even use. Eight streaming platforms have raised prices sinc… Upvotes: 0Downvote Comments: 0Share
Economics After 50 years housing Rio Grande Valley families, a Texas nonprofit is launching the region's first community land trust rgvbusinessjournal.comHere is a quiet, sturdy idea out of South Texas. Affordable Homes of South Texas, a McAllen nonprofit that has spent 50 years getting families into houses across Hidalgo County, is piloting the Rio Gr… Upvotes: 0Downvote Comments: 0Share
globenewswire.comEconomics 1 in 3 skilled workers freelance now, and the AI work pays 34% more globenewswire.comUpwork surveyed 2,400 skilled US knowledge workers: the share who freelance jumped from 28% to 38% in one year, and 58% of full time employees say they're considering it. Freelancers using AI earn 34%… Upvotes: 0Downvote Comments: 0Share
nyc.govEconomics New York just made canceling a subscription as easy as signing up for one nyc.govWe have all been there: one click to sign up, then a scavenger hunt of hold queues and hidden menus to get back out. New York City has finalized a "Click-to-Cancel" rule saying that leaving must be as… Upvotes: 0Downvote Comments: 0Share
Economics Baltimore just put real money behind letting workers buy the businesses they already run usworker.coopWhen the boss retires, a beloved local shop usually closes its doors or gets swallowed by someone from out of town. Baltimore is trying a third option: its new budget sets aside $250,000 to help owner… Upvotes: 0Downvote Comments: 0Share