🇨🇳 China’s young generation is losing faith in the promise of hard work
For decades, millions of Chinese families believed the formula was simple: study hard, get a good job, buy a home, and build a better life than your parents. Now, that promise is becoming harder to keep.
According to The Wall Street Journal, China’s young people are facing a brutal combination of unemployment, layoffs, falling wages and rising financial pressure.
The numbers paint a troubling picture. Youth unemployment among 16–24-year-olds has approached 19%, while unemployment among those aged 25–29 stands at 7.5%. M
For decades, millions of Chinese families believed the formula was simple: study hard, get a good job, buy a home, and build a better life than your parents. Now, that promise is becoming harder to keep.
According to The Wall Street Journal, China’s young people are facing a brutal combination of unemployment, layoffs, falling wages and rising financial pressure.
The numbers paint a troubling picture. Youth unemployment among 16–24-year-olds has approached 19%, while unemployment among those aged 25–29 stands at 7.5%. M
🗣Bill Gates: AI will usher in one of the most turbulent eras in history.
“AI is both the most powerful tool for advancing equity and the greatest threat to equity humans have ever invented.”
“Many jobs will disappear. White-collar jobs first, with blue-collar ones to follow.”
“I worry that we aren’t preparing.”
“There’s no plan to ease the entry into the AI era, and not even a plan to have a plan.”
“The world has a chance to act now before unemployment rises sharply.”
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“AI is both the most powerful tool for advancing equity and the greatest threat to equity humans have ever invented.”
“Many jobs will disappear. White-collar jobs first, with blue-collar ones to follow.”
“I worry that we aren’t preparing.”
“There’s no plan to ease the entry into the AI era, and not even a plan to have a plan.”
“The world has a chance to act now before unemployment rises sharply.”
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🤔 Could AI become a threat to democracy without taking anyone’s job?
Nobel Prize–winning economist Daron Acemoglu argues that one of AI’s most underestimated consequences may not be mass unemployment, but the concentration of economic power.
AI is making intelligence cheaper and more accessible. But the infrastructure behind it, the most capable models, chips, data, computing capacity and capital remains concentrated among a small number of companies. If AI becomes a major factor of production, those companies could capture an increasingly large share of the value created by the economy.
An
Nobel Prize–winning economist Daron Acemoglu argues that one of AI’s most underestimated consequences may not be mass unemployment, but the concentration of economic power.
AI is making intelligence cheaper and more accessible. But the infrastructure behind it, the most capable models, chips, data, computing capacity and capital remains concentrated among a small number of companies. If AI becomes a major factor of production, those companies could capture an increasingly large share of the value created by the economy.
An
❗️AI was supposed to kill a million jobs. It may have created them instead.
The Economist estimates the AI boom has added around 1 million jobs in the US above normal employment trends.
Yes, about 200,000 jobs have disappeared since mid-2023 in roles where companies cited AI.
But the bigger surprise is where the new jobs are coming from.
Electricians. HVAC technicians. Construction crews. Utility workers. The people building the massive data centers and power infrastructure AI needs.
Then there’s the obvious wave of engineers, software developers, data scientists and AI specialists.
The
The Economist estimates the AI boom has added around 1 million jobs in the US above normal employment trends.
Yes, about 200,000 jobs have disappeared since mid-2023 in roles where companies cited AI.
But the bigger surprise is where the new jobs are coming from.
Electricians. HVAC technicians. Construction crews. Utility workers. The people building the massive data centers and power infrastructure AI needs.
Then there’s the obvious wave of engineers, software developers, data scientists and AI specialists.
The
US Vice President JD Vance has commented on how some AI companies use fear as a marketing tool, suggesting that by highlighting dystopian scenarios, CEOs make their products seem more powerful. He noted that if people are afraid of a technology, it may be perceived as effective.
Vance also addressed the topic of AI’s impact on employment. He stated that while there will be job changes and some disruptions, current data does not support the notion that AI will cause widespread unemployment.
Discussing regulation, Vance cautioned against frontier AI tech firms seeking increased regulation, des
Vance also addressed the topic of AI’s impact on employment. He stated that while there will be job changes and some disruptions, current data does not support the notion that AI will cause widespread unemployment.
Discussing regulation, Vance cautioned against frontier AI tech firms seeking increased regulation, des
A KRA employee has been charged with allegedly using a forged Jomo Kenyatta University degree to secure employment and fraudulently earn Sh13.9 million in public funds. https://www.standardmedia....
📢 AI data centers are becoming job machines
AI data centers aren’t just eating electricity and GPUs, they’re also creating a serious economic boom in the places where they’re built.
Meta’s massive Louisiana data-center project saw private-sector employment jump 41% in its first year, while average weekly wages surged 61%.
And the money is spreading beyond construction. Leisure and hospitality jobs increased 21.5%, with wages in the sector rising 34%.
Meta’s expanded project is now worth more than $50 billion, spans nearly 10 million square feet and is expected to create around 7,500 const
AI data centers aren’t just eating electricity and GPUs, they’re also creating a serious economic boom in the places where they’re built.
Meta’s massive Louisiana data-center project saw private-sector employment jump 41% in its first year, while average weekly wages surged 61%.
And the money is spreading beyond construction. Leisure and hospitality jobs increased 21.5%, with wages in the sector rising 34%.
Meta’s expanded project is now worth more than $50 billion, spans nearly 10 million square feet and is expected to create around 7,500 const
British workers are increasingly relying on AI tools rather than lawyers to sue their employers.
Judges report that many people now use artificial intelligence to draft legal claims for employment tribunals. This shift has resulted in a significant increase in self-filed cases, as AI-generated documents remove the need for legal fees.
The employment tribunal system in Britain is under strain, with a backlog that has grown from 45,000 to 64,000 open cases within a year. Judges must still review all submitted claims, contributing to the mounting caseload.
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Judges report that many people now use artificial intelligence to draft legal claims for employment tribunals. This shift has resulted in a significant increase in self-filed cases, as AI-generated documents remove the need for legal fees.
The employment tribunal system in Britain is under strain, with a backlog that has grown from 45,000 to 64,000 open cases within a year. Judges must still review all submitted claims, contributing to the mounting caseload.
📰 aipost
🗣JD Vance says the US may want a stake in AI giants
Vice President JD Vance just floated one of the most unexpected AI policy ideas yet: the US government taking ownership stakes in major AI companies.
During a podcast appearance, Vance responded positively to a proposal that workers should share in AI wealth creation, saying President Trump “likes that idea too.” Instead of directly giving workers shares, Vance suggested a sovereign wealth fund that could own stakes in leading AI firms.
Why? Vance argues that AI’s biggest danger isn’t mass unemployment, it’s mass inequality.
His concern i
Vice President JD Vance just floated one of the most unexpected AI policy ideas yet: the US government taking ownership stakes in major AI companies.
During a podcast appearance, Vance responded positively to a proposal that workers should share in AI wealth creation, saying President Trump “likes that idea too.” Instead of directly giving workers shares, Vance suggested a sovereign wealth fund that could own stakes in leading AI firms.
Why? Vance argues that AI’s biggest danger isn’t mass unemployment, it’s mass inequality.
His concern i
Social skills have increasing value in the labor market
Social and interpersonal abilities are becoming increasingly significant for employment prospects and earnings. As artificial intelligence continues to automate routine tasks, positions that depend on strong human interaction tend to achieve stronger results.
Current labor market trends show that individuals with a broad combination of skills—including teamwork, problem-solving, clear communication, and creative thinking—are receiving greater economic rewards.
📰 aipost
Social and interpersonal abilities are becoming increasingly significant for employment prospects and earnings. As artificial intelligence continues to automate routine tasks, positions that depend on strong human interaction tend to achieve stronger results.
Current labor market trends show that individuals with a broad combination of skills—including teamwork, problem-solving, clear communication, and creative thinking—are receiving greater economic rewards.
📰 aipost
🗣“Growth no longer guarantees jobs.”
Dario Amodei, CEO of Anthropic, says AI could create a world with 5–10% GDP growth and still leave millions of people out of work.
That breaks the old link between productivity and employment. Software gets cheaper. Companies move faster. Entire careers stop being safe by default.
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Dario Amodei, CEO of Anthropic, says AI could create a world with 5–10% GDP growth and still leave millions of people out of work.
That breaks the old link between productivity and employment. Software gets cheaper. Companies move faster. Entire careers stop being safe by default.
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📊 White collar employment is sharply declining:
The number of the S&P 500 employees fell -400,000 in 2025, to 28.1 million, posting its first annual decline since 2016. This follows 8 consecutive years of uninterrupted employment growth, adding over +3.0 million jobs in total.
The decline was driven by UPS, $UPS, Oracle, $ORCL, Amazon, $AMZN, Meta, $META, Intel, $INTC, and Microsoft, $MSFT, as corporations raced to cut costs and redirect spending toward AI. In 2026, layoffs are set to continue with Amazon cutting 16,000 corporate jobs, Meta slashing 8,000 positions, and Microsoft offering vo
The number of the S&P 500 employees fell -400,000 in 2025, to 28.1 million, posting its first annual decline since 2016. This follows 8 consecutive years of uninterrupted employment growth, adding over +3.0 million jobs in total.
The decline was driven by UPS, $UPS, Oracle, $ORCL, Amazon, $AMZN, Meta, $META, Intel, $INTC, and Microsoft, $MSFT, as corporations raced to cut costs and redirect spending toward AI. In 2026, layoffs are set to continue with Amazon cutting 16,000 corporate jobs, Meta slashing 8,000 positions, and Microsoft offering vo
📈 US job growth revised down by over 1M
The U.S. Bureau of Labor Statistics has sharply revised its 2025 employment data, cutting more than 1 million jobs from prior estimates as of December 2025.
According to The New York Times:
• Employers added just 181,000 jobs in 2025.
• Down 69% from the initial estimate of 584,000
• 2024 job growth was also revised lower by nearly 28%
This isn’t a minor adjustment, it’s one of the largest downward revisions in recent years.
Where the cuts hit hardest:
The Information sector (software, internet, broadcasting) saw some of the steepest corrections:
•
The U.S. Bureau of Labor Statistics has sharply revised its 2025 employment data, cutting more than 1 million jobs from prior estimates as of December 2025.
According to The New York Times:
• Employers added just 181,000 jobs in 2025.
• Down 69% from the initial estimate of 584,000
• 2024 job growth was also revised lower by nearly 28%
This isn’t a minor adjustment, it’s one of the largest downward revisions in recent years.
Where the cuts hit hardest:
The Information sector (software, internet, broadcasting) saw some of the steepest corrections:
•
AI use in Kurdistan is surging, aiding youth employment and trade, but experts warn of privacy risks and future self-teaching systems matching human capabilities. https://www.kurdistan24.ne...
Trump: "We're gonna need the help of robots and other forms of ... I guess you could say employment. We're gonna be employing a lot of artificial things."
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Growth booms, jobs send warning!
The U.S. economy surged at a 4.3% annual rate, crushing forecasts, as consumer spending and $166B in corporate profits powered GDP.
But economists warn this boom is upside down: hiring has stalled, unemployment hit 4.6%. And it’s getting worse since AI isnt really counted in: “When you divorce growth from employment gains, you’ve got a problem,” Swonk said. “And this is before the real effects of AI have even set in.”
Source.
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The U.S. economy surged at a 4.3% annual rate, crushing forecasts, as consumer spending and $166B in corporate profits powered GDP.
But economists warn this boom is upside down: hiring has stalled, unemployment hit 4.6%. And it’s getting worse since AI isnt really counted in: “When you divorce growth from employment gains, you’ve got a problem,” Swonk said. “And this is before the real effects of AI have even set in.”
Source.
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📢 Unemployment continues to rise sharply; no turnaround in sight!
"As AI-powered automation replaces jobs at a fraction of the cost of human labor, understanding the value of your own skills and whether tools like ChatGPT can outperform them has never been more critical."
- For Gen Z, the entry-level career ladder is getting steeper by the month - and there’s no sign of it letting up. Unemployment among recent grads has climbed to 5.8% (the highest since 2013, excluding the pandemic) as companies rethink hiring amid AI-driven productivity gains.
-"Goldman Sachs executive has a blunt message
"As AI-powered automation replaces jobs at a fraction of the cost of human labor, understanding the value of your own skills and whether tools like ChatGPT can outperform them has never been more critical."
- For Gen Z, the entry-level career ladder is getting steeper by the month - and there’s no sign of it letting up. Unemployment among recent grads has climbed to 5.8% (the highest since 2013, excluding the pandemic) as companies rethink hiring amid AI-driven productivity gains.
-"Goldman Sachs executive has a blunt message
Palantir CTO reveals how AI technology drives blue-collar productivity boom, creating jobs for factory workers and nurses rather than mass unemployment. https://www.foxbusiness.co...
While tech leaders paint a positive future where work is optional thanks to AI, the ‘Godfather of AI’ Geoffrey Hinton warns they’re “betting on AI r https://fortune.com/2025/1...
The impacts are getting closer.
Unemployment among recent U.S. college graduates could spike to 25% within a few years due to AI-driven job displacement, warns Senator Mark Warner, who says this shock could trigger “unprecedented” social disruption if policymakers fail to act.
Lawmakers across parties argue that AI could eliminate tens of millions of jobs, and they’re pushing for reporting requirements and retraining programs as fears grow that Congress may again fail to regulate a major tech shift.
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Unemployment among recent U.S. college graduates could spike to 25% within a few years due to AI-driven job displacement, warns Senator Mark Warner, who says this shock could trigger “unprecedented” social disruption if policymakers fail to act.
Lawmakers across parties argue that AI could eliminate tens of millions of jobs, and they’re pushing for reporting requirements and retraining programs as fears grow that Congress may again fail to regulate a major tech shift.
AI Post 🪙 | Our X 🥇
The rise of AI fundamentally alters the balance between formal credentials and verified experience in labour markets, but without verified employment records, experience remains invisible. This column reviews employment record systems across eight advanced and emerging economies, as well as EU-level initiatives, to establish design principles and draw lessons from imp https://cepr.org/voxeu/col...
Anthropic's CEO just warned that AI could eliminate 50% of entry-level jobs within five years.
Junior consultants, paralegals, financial analysts, he's predicting 10-20% unemployment. According to Amodei, Claude writes 90% of the code at Anthropic. Their 300,000 business customers are increasingly using Claude not as assistance, but as the worker.
Entry-level positions aren't just jobs. They're how you learn to do senior-level work. If AI absorbs that layer entirely, we're not just eliminating jobs, we're eliminating the path to expertise itself.
What happens to entry-level white-collar wor
Junior consultants, paralegals, financial analysts, he's predicting 10-20% unemployment. According to Amodei, Claude writes 90% of the code at Anthropic. Their 300,000 business customers are increasingly using Claude not as assistance, but as the worker.
Entry-level positions aren't just jobs. They're how you learn to do senior-level work. If AI absorbs that layer entirely, we're not just eliminating jobs, we're eliminating the path to expertise itself.
What happens to entry-level white-collar wor
The recent Workers World article “Capitalism isn’t working, no jobs to be found” by Martha Grevatt exposes the huge issue of unemployment caused by the bankrupt capitalist system. (workers.org/2025/09/87909/ ) President Donald Trump was well-known before becoming president by the image of him mouthing “You're fired” on television. Now Trump… https://www.workers.org/20...
Amazon's latest cuts fed into anxiety about AI replacing workers. But some are sceptical that recent layoffs are a telling sign of how AI is affecting employment. https://www.bbc.com/news/a...
Artificial intelligence (AI) is fueling American economic growth, though its effect on employment is limited. That’s according to a recent report from the https://www.pymnts.com/art...
The rapid adoption of AI in the workplace has raised concerns about job loss. This column uses data covering all AI-related commercial software registered with Brazil’s National Institute of Industrial Property to show how AI is affecting the labour market in two distinct ways. In the factory, AI increases employment of low-skilled https://cepr.org/voxeu/col...
"We are at a point in history where something amazing is happening, and it may be amazingly good, and it may be amazingly bad." https://fortune.com/2025/0...
AI job losses may be starting to show up in U.S. data, with a St. Louis Fed study linking rising unemployment to industries adopting generative AI. https://fortune.com/2025/0...
Discover how hotels are using AI, the impact of tech jobs in Indiana, a strike at Boeing, and unemployment figures. Stay updated with the latest business news. https://www.wishtv.com/new...
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