Businesses are racing to replace people with AI, and they're not waiting to first find out whether AI is up to the job. Why it matters: CEOs are gambling that Silicon Valley will improve AI fast enough that they can rush cutbacks today without getting caught short-handed tomorrow.

Tech layoffs have continued as AI adoption and economic pressures drive a major shift toward new roles and skills in the workforce.

Hiring expectations have dropped dramatically in recent months, according to a survey from the National Association of Colleges and Employers.

Dario Amodei, CEO of Anthropic, an American artificial intelligence startup company founded in 2021, doesn't have good news for anyone. He claimed to Axios that AI might eliminate "half of all entry-level white-collar jobs — and spike unemployment to 10-20% in the next one to five years."

Women and clerical workers face the highest risk of their roles being radically transformed by Artificial Intelligence, prompting calls for inclusive policy responses.

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Amodei voiced this concern in an interview last week with Axios amid Code with Claude, Anthropic's first developer conference. He suggested that unemployment could reach 10 to 20 percent in the next one to five years.

Here's an intriguing use-case for parametric triggers within insurance for a personal lines protection policy that even a year ago you may not have

Artificial intelligence (AI) is rapidly transforming the marketing job market with the demand for specific skills

The advent of artificial intelligence (AI) is dramatically reshaping the employment landscape. From manufacturing to services, AI is revolutionizing industries