JOB DISPLACEMENT AI
When AI runs the firm, who pays tax?
The rise of artificial intelligence is reshaping our governance and taxation landscape. With AI systems becoming increasingly self-sufficient, there's a pressing need to reevaluate existing legal frameworks. While the current productivity spike from AI is advantageous for many workers, the next generation of intelligent AI might necessitate a complete overhaul of our tax policies.
The emotional story behind an AI pioneer’s rise: How a personal loss shaped Anthropic CEO Dario Amodei’s path to AI
Dario Amodei, CEO of Anthropic, is driven by a personal tragedy to accelerate artificial intelligence progress. His father's death from a curable illness ignited a belief that faster scientific advancements can save lives. This urgency propels Anthropic's rapid growth and ambitious vision for AI's future. The company's valuation and revenue are soaring, reflecting strong demand for its innovative AI tools.
Automation vs humans: How industry 4.0 is reshaping jobs in India's auto sector
Recognising that not all workers can transition to automated roles and creating alternative pathways for decent work to prevent polarisation of labour. Robots are marching into factories. What matters now is how firms and workers adapt. And how policy supports that transition.
As AI use increases at work, many employees still choose not to use it: Gallup poll
Most workers using AI report productivity boosts. Roughly 3 in 10 employees are frequent users of AI in their jobs, meaning they use it daily or a few times a week. About 2 in 10 are infrequent users, using AI tools at work a few times a month or a few times a year.
Lost your job to AI? Experts warn the career damage could be permanent and hard to reverse
AI layoffs long term effects: Losing a job to AI could inflict deeper, lasting career damage than typical layoffs, economists warn. Displaced workers may face prolonged unemployment, lower wages, and delayed life milestones. While younger workers might adapt better, significant job displacement is a future concern, potentially impacting careers for years.
Falling trust in America is a Pandora’s box for the global economy
The TACO trade, a bet on Trump backing down from market-rattling actions, seems outdated as his Iran war and global policy shifts create unpredictability. Despite this, capital still flows to the US, drawn by its markets and the AI revolution, even as allies hedge their bets.
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Fired by Oracle, Meta? Goldman Sachs warns laid-off tech workers - job hunt may be long and costly
Tech layoffs 2026 due to AI explained: Tech workers displaced by AI face a tougher job market, taking an average of one month longer to find new employment. Upon reemployment, they often experience real earnings losses exceeding 3% due to occupational downgrading. This trend is evident as major companies like Block and Oracle implement significant layoffs driven by AI adoption.
US stock market today: US stocks rise as Dow, S&P 500 and Nasdaq stay in green, while Nvidia and Tesla stocks continue to slip
US stock market today is moving higher. The Dow is up over 99 points. The S&P 500 has crossed 6,600. The Nasdaq is close to 22,000. Markets are clearly in the green. But not everything is strong. Nvidia and Tesla are still under pressure. That’s catching attention. Investors are shifting money across sectors. Oil prices remain above $110. Middle East tensions are still in focus. But talks of a possible ceasefire are helping sentiment. At the same time, economic data shows growth is holding, though hiring is slowing and costs are rising. The US stock market today feels positive, but also cautious.
Indian film studios are using AI to cut costs, speed production, despite mixed audience reactions
Indian film studios are embracing Artificial Intelligence to slash production costs and speed up movie making. This technology helps overcome India's many languages with AI dubbing. While audiences have mixed reactions, studios are using AI for everything from creating new content to re-releasing older films with altered endings. Tech giants are partnering with Indian filmmakers to advance AI-driven storytelling.
AI will cause waves of layoffs in repetitive manual jobs: QED Investors’ Nigel Morris
AI is increasingly substituting entry-level hires at call centres, and even at tax preparation and investment banking firms, said Morris. Further, companies’ decision to not fill vacancies matched with slowed hiring across levels are indicators of this dramatic AI-led disruption, said the QED Investors cofounder.
Congress manifesto for Assam: No MLA’s close relatives to be awarded government contracts or schemes
Assam: The Congress manifesto talked about transparent land records, revenue, and taxation system.Priority to local people in jobs and government contracts.Immediate flood relief and initiation of erosion control measures.Fast-track recruitment to fill vacancies in hospitals and schools.
‘People don’t like jobs’? Perplexity CEO’s AI layoff comment triggers backlash
Perplexity CEO Aravind Srinivas sparked outrage by suggesting most people dislike their jobs, implying AI-driven layoffs offer entrepreneurial opportunities. Critics slammed his remarks as insensitive, highlighting the financial hardship of job loss and the necessity of employment for stability. While some agree AI boosts productivity, many decry the perceived disregard for workers' struggles.
Deloitte South Asia COO dismisses AI job loss fears, pushes for upskilling amid massive India hiring
Deloitte South Asia Chief Operating Officer Nitin Kini states Artificial Intelligence will not cause job losses. Instead, the company is focusing on upskilling its workforce to tackle complex business challenges. Deloitte plans to launch a Quantum Centre of Excellence in India. The firm is heavily investing in India, its top priority market.
Beyond modernisation: The new playbook for enterprise reinvention
Maran Nagarajan, CEO of KaarTech, traces the company’s evolution from a specialized enterprise services firm into a global AI-led transformation player.
Huge scope for India to lead in diffusion of tech; SMEs will drive jobs: Wadhwani Foundation CEO
India can lead in technology diffusion reaching millions. Deep-tech startups and SMEs will drive job creation. Upskilling is replacing traditional degrees for many roles. The Wadhwani Foundation is investing in biosciences and innovation to accelerate growth and create jobs by 2030. This focus on practical training prepares individuals for in-demand mid-skill jobs.
Wait or buy? Anand Tandon's sector-by-sector verdict for nervous investors
Independent analyst Anand Tandon believes Indian markets are overvalued, as current valuations don't account for the geopolitical crisis's impact on corporate earnings. He suggests private banks are a strong buy, while media and gaming offer opportunities due to economic conditions. Tandon advises caution on IT and platform stocks, awaiting a clearer macro outlook.
AI disruption could displace 300 million jobs globally over the next decade: Goldman Sachs
A majority of this transition will happen within the next 10 years, the investment bank said, a period during which global labour markets will be reshaped by automation and rising demand for new technical professions. Goldman’s economists estimate a modest 0.6 percentage point increase in unemployment during this time, noting that a faster wave of adoption could lead to “much larger” economic disruptions.
Let your money travel the world: Why global diversification is no longer optional
Global markets are now accessible to retail investors. Technology and new investment models allow easy participation in international opportunities. This shift is essential for diversification, managing risk, and building wealth. Investors can now earn and create wealth beyond their home countries. AI will further personalize portfolios and democratize global investing.
Anthropic launches 'Anthropic Institute', expands public policy team
Anthropic launched the Anthropic Institute to study AI’s societal impact, led by cofounder Jack Clark. The institute will research economic, social, security and governance challenges, including job displacement and cybersecurity risks. It aims to share insights, partner with external groups, and expand public policy work as Anthropic develops powerful AI systems.
China pins hopes on society-wide AI push to add jobs, rejuvenate economy
Plans unveiled at the opening of parliament's annual session last week go all-in on AI, detailing ambitions to offset an ageing workforce and long-term economic slowdown through the technology's "job-creation" effect over the next five years.
OpenAI CEO Sam Altman warns Indian techies: Coding alone won’t guarantee a job – Here’s what young professionals must learn
OpenAI CEO Sam Altman has warned young students and professionals and stated that coding alone won't guarantee a job in the future. The Stanford University dropout advised them to learn AI tools and revealed that when he was graduating from high school, he was really good at coding and AI tools is the new version of that.
Is your job on the AI firing line? Anthropic lists roles most under threat
AI job losses: New research introduces "observed exposure" to measure AI's impact on jobs, finding no broad rise in unemployment. However, hiring has slowed for young workers in highly exposed professions, suggesting early labor market shifts. The study combines AI capability with real-world usage data to track these trends.
Programming, customer service, data entry roles among jobs most at risk from AI: Anthropic
A recent Anthropic study reveals that nearly 70% of tasks for programmers, customer service representatives, and data entry operators are already automated, placing these roles at high risk of displacement by large language models. The research highlights the growing real-world impact of AI on professions, with observed exposure metrics tracking actual AI integration in the workplace.
AI yet to trigger job losses but early signs of slower hiring for younger workers: Anthropic study
AI's reach is still limited, a new study shows. While AI has not caused widespread job losses, younger workers in exposed jobs see hiring slow. White-collar roles involving coding and data analysis are most affected. Jobs needing manual skills are least susceptible. The study compares AI capability to actual use.
Aswath Damodaran runs his 3P test on Citrini's viral AI doomsday scenario
Valuation expert Aswath Damodaran analyzed Citrini Research's AI doomsday scenario, finding it implausible but acknowledging AI's significant long-term disruption potential. He believes AI will transform specific industries like software and finance, impacting jobs over time. While not an immediate crisis, AI's evolution poses substantial future challenges for the workforce.
AI-led job disruption is real, but so is human adaptability: Microsoft CEO Satya Nadella
Speaking at the OMR podcast a few days ago, Nadella said employees need to reskill, learn to work with the new medium and tools, and adapt to the shift underway. Understanding AI will be essential to staying relevant as workflows evolve, he explained.
Last year, small US firms faced notable tariff price pressures, Fed report finds
A Federal Reserve report highlights challenges for American small businesses in 2025. President Trump's import taxes and rising prices created significant hurdles. Many firms faced increased costs for goods, services, and wages. Tariffs specifically impacted over 40 percent of businesses. Retail and manufacturing sectors felt this pressure most. AI adoption is also rising among these firms.
Jack Dorsey's blunt AI warning sharpens debate over jobs and profits
Block shares rose sharply on Friday, underscoring how markets are increasingly rewarding companies that present AI not as an experiment but as a driver of structural change. Dorsey also delivered a blunt warning to peers: most companies are behind the AI curve and will reach the same conclusion within a year.
Jack Dorsey sounds layoff alarm after Block slashes 50% staff — which companies could be next?
Tech layoffs 2026: Block is slashing over 4,000 jobs, nearly half its workforce, in a single decisive move to boost morale and efficiency. CEO Jack Dorsey cites AI advancements as a catalyst for this restructuring, enabling leaner operations. This significant layoff, coupled with generous severance, highlights a growing trend in the tech industry as companies adapt to AI's transformative impact on employment.
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