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AI news about employment and the labour market.

3 stories in the last 3 days

Today

1 story
  1. Worth knowing Wired

    UK Officials Said AI Would Add £400 Billion to the Economy. That Figure Mainly Came From Google

    The discrepancy highlights how governments often rely on optimistic, industry-funded economic projections to justify AI policies and public spending.

    UK AI Minister Kanishka Narayan acknowledged that the government's frequently cited claim that AI would add £400 billion to the economy came from a 2023 report commissioned by Google. The government's own central projection estimates the economic boost by 2030 at £120 billion, less than a third of the industry-funded figure.

    1 source

Mon, Nov 2

2 stories
  1. Worth knowing 404 Media

    Reaping and sowing, CEO edition

    The controversy highlights the growing friction between executive mandates for rapid AI adoption and employee and customer concerns over software security and job stability.

    Proton CEO Andy Yen canceled a planned company-wide re-interview process that would have evaluated whether employees were using AI enough to keep their jobs. The decision followed backlash from users and staff after reports revealed Yen was aggressively pushing AI coding practices despite internal security concerns.

    1 source
  2. Worth knowing Hacker News

    Jobless tech workers are being left out of San Francisco's AI boom

    The divide between soaring AI valuations and broader tech unemployment shows how the economic benefits of the AI boom are concentrated among a small group of specialized workers and companies.

    A Bloomberg feature examines how unemployed tech workers and engineers are being excluded from San Francisco's ongoing artificial intelligence wealth boom. The report highlights this labor market divide as major AI labs like OpenAI and Anthropic approach potential initial public offerings.

    1 source

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