A second paper also finds Generative AI is reducing the number of junior people hired (while not impacting senior roles). This one compares firms across industries who have hired for at least one AI project versus those that have not. Firms using AI were hiring fewer juniors
ECONOMY
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Tokenization blockchain reshapes asset ownership and market access
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By linking physical and digital value through blockchain, tokenization reshapes how assets can be accessed, shared, and managed, creating new possibilities for ownership and participation in markets that were once accessible to a limited group Microblog @antgrasso #DigitalAssets
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Electricity: The Critical Bottleneck in the Global AI Revolution
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Electricity is the biggest limiting factor in the AI revolution. That is why Europe is so dependent on access to data centers. The US is massively expanding its energy production, but even there, prices are rising significantly because demand is driving supply. China, on the
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French Tire Factory Closure Questions National Reindustrialization Strategy
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Y'a jamais eu autant de bagnoles vendues dans le monde, y'a jamais eu autant besoin de pneus pour ces bagnoles, et nous on ferme une usine qui fabrique des pneus "made in France" cette marque qui n'a donc plus aucune valeur dans le Monde.
— Olivier Rimmel 🕊️ (@OlivierRimmel) 1 septembre 2025
La réindustrialisation de la France est… https://t.co/NEYCx1ayuoY'a jamais eu autant de bagnoles vendues dans le monde, y'a jamais eu autant besoin de pneus pour ces bagnoles, et nous on ferme une usine qui fabrique des pneus "made in France" cette marque qui n'a donc plus aucune valeur dans le Monde. La réindustrialisation de la France est
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Trump’s Impact on European Tech Competitiveness and Economic Future
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Trump va devenir fou, et nous les Européens, nous sommes cooked.
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AI Complements Experienced Workers Over Entry-Level Positions
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@joshgans has a thoughtful interpretation of our "six facts" about AI and the labor market: AI may be complementing certain workers (the more experienced ones in highly exposed occupations), leading some firms to hire more them relative to those just starting their careers. -
Technology Hiring Trends Post-COVID Recovery Analysis
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In section 4.6 we consider that "One possibility is that our results are explained by a general slowdown in technology hiring from 2022 to 2023 as firms recovered from the COVID-19
Pandemic." We do an analysis that excludes all computer occupations and get similar results. -
LLM Tools Impact on Worker Skills and Hiring Decisions
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This is terrific. The story that AI complements certain skills and workers squares nicely with the facts we uncover. That said, it may be more complicated: I've spoken to many people involved in hiring, and they say that, at least in part, they also view LLM-based tools as
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Former OpenAI Researcher Claims $10,000 Monthly UBI Feasible with AI
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Yes, please: Former OpenAI researcher says a $10,000 monthly UBI will be 'feasible' with AI-enabled growth
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Google’s Expansion Threatens Adobe and Freelance Work
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Google is not only expanding its product range, it is also directly attacking numerous products and tools. With Google's image editing tool, Adobe will have an even tougher time – and freelancers will find it harder to get work.