The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on July 03, 2026, 12:10:11 AM

Title: AI Job Cuts: Finance and Tech Cut 28,000 Jobs Monthly as AI Takes Hold
Post by: rcjordan on July 03, 2026, 12:10:11 AM
paywalled, but the title tells all

https://www.bloomberg.com/news/newsletters/2026-07-02/ai-job-cuts-emerging-first-in-finance-and-tech
Title: Re: AI Job Cuts: Finance and Tech Cut 28,000 Jobs Monthly as AI Takes Hold
Post by: littleman on July 03, 2026, 03:00:14 AM
Right, the title makes sense.  Finance and tech are two areas where AI could automate quickly.  I know transportation is inevitable, but the legal and hardware obstacles will take some time.