Future of Work

Twitter

Facebook

Copy Link

Top News

Adobe Animate shutting down as company pivots to AI, leaving animators without direct replacement

Adobe announced it will discontinue Adobe Animate on March 1, 2026, after 25 years of service. The decision appears driven by the company's strategic shift towards AI, sparking anger among users who rely on the 2D animation software. Adobe offers no direct replacement, instead suggesting Creative Cloud applications like After Effects and Express to cover portions of Animate's functionality.

Technology3 sources

Adobe Animate shutting down as company pivots to AI, leaving animators without direct replacement

Technology3 sources

Sam Altman predicts AI will cause massive deflation, making goods and services radically cheaper

OpenAI CEO Sam Altman claims AI will introduce strong deflationary forces that could make daily expenses cheaper and increase the real value of money. Speaking at a company town hall, he argued that enhanced individual productivity through AI could invert historical economic trends—even as OpenAI burns billions quarterly and slows hiring.

Business2 sources

Sam Altman predicts AI will cause massive deflation, making goods and services radically cheaper

Business2 sources

Cisco CEO Chuck Robbins warns AI boom will produce winners and carnage along the way

Cisco chief Chuck Robbins says AI will be bigger than the internet but warns of a bubble with carnage ahead. Some jobs will be eliminated, particularly in customer service, while cybersecurity risks grow. The real threat isn't AI taking jobs—it's workers skilled in AI replacing those who aren't.

Business2 sources

Cisco CEO Chuck Robbins warns AI boom will produce winners and carnage along the way

Business2 sources

Amazon cuts 16,000 jobs as companies cite AI for layoffs, sparking 'AI-washing' debate

Amazon announced 16,000 corporate job cuts as part of its AI push, bringing total layoffs to 30,000 since October. But economists and analysts question whether artificial intelligence is truly driving these workforce reductions or if companies are using AI-washing to mask pandemic-era over-hiring and financial struggles. More than 50,000 layoffs cited AI in 2025.

Business22 sources

Amazon cuts 16,000 jobs as companies cite AI for layoffs, sparking 'AI-washing' debate

Business22 sources

UK Government Offers Free AI Training to 10 Million Workers, But Experts Question If It's Enough

The UK government has launched an expanded free AI training program targeting 10 million workers by 2030, aiming to make Britain the fastest AI-adopting nation in the G7. With only 21% of UK workers confident using AI and just one in six businesses currently adopting the technology, the initiative faces significant uptake challenges despite potential economic benefits of £140 billion annually.

Policy3 sources

UK Government Offers Free AI Training to 10 Million Workers, But Experts Question If It's Enough

Policy3 sources

Anthropic CEO Warns AI Wealth Concentration Could Break Society as Cofounders Pledge 80% of Fortune

Anthropic CEO Dario Amodei warns that AI's economic impact could create wealth concentration levels that break society, comparing today's inequality to the Gilded Age. All seven billionaire cofounders are pledging to donate 80% of their wealth—potentially tens of billions—as the company's valuation soars to $350 billion and concerns mount over significant job disruption.

Business2 sources

Anthropic CEO Warns AI Wealth Concentration Could Break Society as Cofounders Pledge 80% of Fortune

Business2 sources

Sam Altman announces dramatic hiring slowdown at OpenAI as AI efficiency reshapes workforce needs

OpenAI CEO Sam Altman revealed plans to dramatically slow hiring as AI tools enable smaller teams to accomplish more work. Speaking at a town hall event, Altman emphasized avoiding aggressive hiring followed by layoffs, while acknowledging ChatGPT's writing performance declined due to focus on coding and math capabilities in GPT-5.2.

Business4 sources

Sam Altman announces dramatic hiring slowdown at OpenAI as AI efficiency reshapes workforce needs

Business4 sources

AI job cuts hit UK hardest with 8% net losses as workers fear displacement across industries

Morgan Stanley research reveals Britain is experiencing sharper AI-driven job cuts than other major economies, with UK companies reporting 8% net job losses over the past year—double the international average. Meanwhile, over a quarter of British workers fear losing their jobs to artificial intelligence within five years, as automation reshapes white-collar roles and entry-level positions disappear faster than new opportunities emerge.

Business3 sources

AI job cuts hit UK hardest with 8% net losses as workers fear displacement across industries

Business3 sources

IMF chief warns AI tsunami will eliminate entry-level jobs and squeeze 60% of workforce

International Monetary Fund Managing Director Kristalina Georgieva warned at Davos that AI will affect 60% of jobs in advanced economies, with young workers facing the harshest impact as entry-level roles disappear. While some positions will see productivity boosts and higher wages, the middle class risks being squeezed as the technology transforms the labor market faster than regulators can respond.

Business3 sources

IMF chief warns AI tsunami will eliminate entry-level jobs and squeeze 60% of workforce

Business3 sources

AI agents score below 25% on workplace readiness test, exposing critical gaps in office work

Training-data company Mercor released the Apex-Agents benchmark, testing leading AI models on real professional tasks from law, investment banking, and consulting. Even top performers like Gemini 3 Flash and GPT-5.2 achieved only 24% and 23% accuracy respectively. The research reveals AI agents struggle most with multi-domain reasoning and synthesizing scattered information across workplace tools.

Science3 sources

AI agents score below 25% on workplace readiness test, exposing critical gaps in office work

Science3 sources

Jamie Dimon warns AI rollout may need to slow down to prevent civil unrest and job disruption

JPMorgan Chase CEO Jamie Dimon told the World Economic Forum that AI adoption may outpace society's ability to adapt, potentially triggering civil unrest. He called for phased implementation, retraining programs, and even government intervention to protect over 300,000 employees, citing the trucking industry's 2 million workers as a critical example of where safeguards are needed.

Business5 sources

Jamie Dimon warns AI rollout may need to slow down to prevent civil unrest and job disruption

Business5 sources

Jensen Huang says AI infrastructure buildout will create more jobs for skilled trades workers

Nvidia CEO Jensen Huang argued at the World Economic Forum that AI will drive demand for plumbers, electricians, and construction workers as the industry undertakes what he calls the largest infrastructure buildout in human history. While AI threatens white-collar displacement, Huang says trade workers could earn six-figure salaries building chip factories and data centers needed to power the AI boom.

Business20 sources

Jensen Huang says AI infrastructure buildout will create more jobs for skilled trades workers

Business20 sources

CEOs Report No Financial Returns from AI Despite Massive Investment in Enterprise Tools

A PwC CEO survey of 4,454 business leaders across 95 countries reveals that 56% of companies see no revenue growth or cost savings from AI. Only 12% report both increased revenue and reduced costs. Despite lackluster returns, 69% of CEOs say generative AI will require workforce upskilling, yet fewer than half have clear plans. The findings suggest companies are adopting AI mainly for maintaining market relevance rather than proven financial gains.

Business5 sources

CEOs Report No Financial Returns from AI Despite Massive Investment in Enterprise Tools

Business5 sources

China dominates humanoid robots race as robot coworkers move from labs to factory floors

China leads the global race to deploy humanoid robots in workplaces, with over 200 companies developing robot coworkers compared to just 16 in the US. Unitree's robots perform backflips and cost a tenth of American counterparts, while labor shortages and AI advancements push these machines from experimental labs into real manufacturing environments. Morgan Stanley predicts 302.3 million humanoid robots in China by 2050.

Technology2 sources

China dominates humanoid robots race as robot coworkers move from labs to factory floors

Technology2 sources

Goldman Sachs warns AI could automate 25% of work hours as white-collar jobs face disruption

Goldman Sachs projects AI will automate nearly a quarter of total work hours, with white-collar and knowledge-intensive roles most exposed. The investment bank predicts a temporary rise in unemployment by 0.6 percentage points but emphasizes that reskilling and policy response will determine whether automation leads to lasting job displacement or productivity gains.

Business2 sources

Goldman Sachs warns AI could automate 25% of work hours as white-collar jobs face disruption

Business2 sources

Prev 1…8910…16 Next