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US Federal Reserve chair Jerome Powell recently claimed that AI is effecting the labor force, potentially impacting future rate cuts.

Artificial Intelligence

Fed Boss Concerned About AI’s Effect on Job Market

The Anthropic report reveals how businesses are actually using its Claude AI model — and its bad news for human workers.

Anthropic Report Finds Dire News About AI’s Effects on Job Market

By Frank Landymore

A country-wide survey of US corporations shows a sudden drop-off in AI use among firms with more than 250 employees.

Artificial Intelligence

Data Shows That AI Use Is Now Declining at Large Companies

A recent paper uncovered some of the first comprehensive evidence that the AI industry is throwing the job market into flux.

Artificial Intelligence

New Paper Finds Evidence That AI Is Already Killing the Job Market

The CEO of IgniteTech recently bragged about replacing the vast majority of his workforce after they "sabotaged" his AI initiative.

Artificial Intelligence

CEO Boasts That He Laid Off 80 Percent of His Staff Because They Didn’t Love AI Enough, Threatens to Do It Again

Recent figures by MIT found that 95 percent of generative AI pilots are failing, with some drastic implications for the spending bubble.

Artificial Intelligence

AI Is Failing at an Overwhelming Majority of Companies Using It, MIT Study Finds

The AI robotics firm Figure released an impressive video of its humanoid robot, Figure 02, autonomously folding laundry.

Wild Video Shows Humanoid Robot Effortlessly Folding Laundry

By Maggie Harrison Dupré

As spending on AI skyrockets to record-breaking records, it's becoming harder than ever for everyday people to find a well-paying job.

Artificial Intelligence

AI Is Making It Nearly Impossible to Find a Well-Paying Job. Is This the World We Want?

It turns out that a video of a pair of robot arms folding laundry is CGI — but the creator insists there's a real prototype.

Viral Video of Robot Arms Folding Laundry Confirmed to Be CGI

By Frank Landymore

A new analysis suggests that companies that deploy AI are becoming more efficient, despite rising unemployment among young workers.

Artificial Intelligence

AI Is Threatening Entry-Level Jobs That New Grads Needed to Get On-the-Job Training

A CEO who advises other CEOs on how to use AI to replace human jobs doesn't seem to be possessing a whole lotta guilt — or self-awareness.

Artificial Intelligence

CEO Brags That He Gets “Extremely Excited” Firing People and Replacing Them With AI

By Frank Landymore

Chinese company UBTECH recently showed off its bipedal Walker S2 robot contorting its arms to hot swap one of its battery packs.

Wild Video Shows Robot Changing Its Own Battery

By Victor Tangermann

A Microsoft exec is claiming that the company has already saved $500 million as it automates thousands of jobs formerly held by humans.

Artificial Intelligence

Insider Claims Microsoft Saved Half a Billion Dollars by Automating Low-Level Jobs

By Noor Al-Sibai

CEOs are increasingly declaring human workers will soon go extinct, but recent jobs data suggests a different story.

Artificial Intelligence

CEOs Say AI Is Poised to Wipe Out an Astonishing Number of Jobs

Amazon will soon have as many robots as it does humans plugging away at its warehouses, the Wall Street Journal reports.

Robots Are About to Outnumber Humans At Amazon Warehouses

By Frank Landymore

Vermont Senator Bernie Sanders has some ideas on how to harness the revolutionary power of artificial intelligence.

Artificial Intelligence

Bernie Sanders: If AI Is Doing Such Amazing Work, Everyone Should Get a Four-Day Workweek