One of the most important real-time, real-world debates in America is whether AI causes a short-term job apocalypse among white-collar workers. • Two developments unfolding this week show urgent reasons for acute concern: • Amazon announced yesterday that it's cutting 14,000 white-collar jobs. JPMorgan, Walmart, Accenture and others have revealed plans to slow hiring. All cited AI. PwC, the accounting and consulting giant, cut staff globally, partly because of AI. Nestlé cut jobs, blaming automation. • As importantly, a 2-year-old company with a 22-year-old CEO, founded by three college dropouts, was just valued at $10 billion, according to The Wall Street Journal. The San Francisco company, Mercor, pays doctors, lawyers and others to train AI so machines can perform like human profe
Behind the Curtain: How an AI jobs apocalypse unfolds
Axios5 hrs ago
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