Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’
NegativeFinancial Markets

Jerome Powell, the chair of the Federal Reserve, has raised concerns about the impact of artificial intelligence on the job market, stating that job creation is nearly stagnant. While AI-driven investments are supporting economic growth, they are simultaneously leading to a decline in hiring. This situation highlights the challenges policymakers face in balancing technological advancement with employment opportunities, making it a critical issue for the future of work.
— Curated by the World Pulse Now AI Editorial System









