Goldman Sachs and Morgan Stanley Data Show AI Is Cutting 16,000 U.S. Jobs Per Month
New Wall Street research shows AI is measurably displacing roughly 16,000 net U.S. jobs per month, with effects modest but real and growing.
New Wall Street research shows AI is measurably displacing roughly 16,000 net U.S. jobs per month, with effects modest but real and growing.
Alongside its superapp plans, OpenAI is building an 'AI research intern' designed to automate multi-day scientific research tasks, with a launch expected by September 2026 and a longer-term goal of a fully automated multi-agent research system by 2028.
OpenAI co-founder Andrej Karpathy published and then removed an AI-generated analysis of US labor market exposure to automation, revealing that professionals earning over $100,000 annually face the highest risk scores, while low-wage manual workers face the least.
Cursor has introduced 'Automations,' a new agentic coding framework that automatically triggers AI agents based on code changes, Slack messages, or timers — eliminating the need for constant human prompting and enabling continuous background tasks like security audits and incident response.
A viral essay predicting an AI-driven 'global intelligence crisis' and subsequent mass layoffs have fueled a growing 'AI scare trade' as the threat of AI replacing white-collar jobs becomes a reality.
Microsoft introduced Copilot Tasks, a new AI agent feature that runs autonomously on a cloud PC to complete multi-step tasks on behalf of users, transforming Microsoft Copilot from a conversational assistant into a proactive action-taker.
A Guardian investigation reveals how AI-driven job fears are prompting workers and students to abandon computer science, coding, and administrative roles in favour of healthcare and skilled trades.
Software engineering teams are deploying AI agents that autonomously detect production incidents, diagnose root causes, generate code fixes, and submit pull requests for review, fundamentally shifting on-call work from reactive firefighting to asynchronous oversight.
AI agents can now autonomously complete complex projects in hours, raising concerns about massive disruption to knowledge work and employment.
Heineken plans to eliminate 5,000-6,000 jobs (7% of workforce) over two years, with CEO confirming AI and digitization are partly behind the productivity-driven cuts.
Goldman Sachs partners with Anthropic to develop AI agents that automate trade accounting, client onboarding, and compliance tasks using Claude AI models.
New report reveals women in tech and finance sectors are at greater risk of AI-driven job displacement, with 119,000 clerical roles threatened by automation.
Amazon cuts 16,000 corporate jobs while Pinterest and Dow cite AI automation as reason for workforce reductions, though economists say AI's labor impact remains limited.
CSET report reveals AI companies using systems to accelerate R&D, examining implications for innovation, safety, and governance.
In 2026, AI agents are expected to take over a growing number of functions within ERP systems, automating tasks like invoicing, employee onboarding, and financial accounting, and shifting the focus from transactional to intelligent platforms.
Microsoft announces first robotics model combining language, vision, and touch sensing to enable robots to operate in unstructured environments beyond factory floors.
Tech leaders and unions clash at Davos over AI's role in the future of work. Experts urge a focus on augmenting human capabilities, not replacing jobs, to ensure AI's social acceptance and share its benefits.
A growing number of workers are expressing anxiety about the impact of AI on their jobs. Therapists report an increase in patients worried about becoming obsolete, while experts like Mike Rowe warn that white-collar jobs are most at risk.
A new study from Microsoft Research pinpoints high-skill, white-collar jobs in finance, legal services, and software engineering as the most exposed to disruption from generative AI. The research highlights that AI is increasingly capable of performing complex cognitive tasks, fundamentally restructuring these professions.