AI Impact on Jobs (10-2025)

Recent capital investments in AI are unprecedented. GERARD BAKER (WSJ & Times) has a well-written, important commentary [1]. (It does not appear in WSJ, at least not yet, but in The Australian. I put a copy in the shared folder.) Without the AI investment, growth of the US GDP would be much slower. Many have legitimate concerns about the AI bubble [2]. If no significant productivity improvement and good return on investment, the US economy could be in trouble when the bubble bursts. Two or three quarters earlier, Meta/Facebook first showed return of investment. Recently, both Jamie Dimon of JP Morgan and Larry Fink of Blackrock confirmed improvements of productivity in banking or fund management. They are two of the most respected CEOs in the respective fields. If I remember correctly, 20-30% improvement in productivity was mentioned, which is very good. The exact figure would be different for other fields. Note in the Internet revolution, it took 10 years for entrepreneurs to find the application potential. It could take as long in AI applications. As for investment, QQQ or the equivalent is still the prudent, yet very good way to participate. 

This news has important implications. The US could grow out of the huge debt [3-5]. But it also means that the job market might change significantly. This is why I wrote this page. Pay attention to the new trends if you need to find a job.   

References: 

1. *GERARD BAKER 10-27 Beware the bubble – AI is biggest bet in history (from Times) 

2. Sara Eisen: Trump's Tariffs, & One Skill All Great Leaders Have in Common (10-27)   

3. US Government Debt and Deficit 

4. Potential Financial Crisis? 

5. Inflation, Tariffs, and Bitcoin  

6. Exclusive: Amazon targets as many as 30,000 corporate job cuts, sources say | Reuters (10-28) 

7. *Fabien C Millet and Diane Coyle WaPo 10-19  Here’s what will really affect jobs in the age of AI (by two prominent authors. training) 

8. Goldman Sachs David Solomon: AI gives us more capacity to invest in our business (10-22) 

9. *The AI bubble is a 'rational bubble', says Mohamed El-Erian (10-21) 

More  References: 

1. AI layoffs hit Big Tech: Here's what to know (10-29) 

2. AI will impact 'half the jobs' and will improve productivity, Conference Board CEO (10-29)

3. *We’re in an AI arms race: Palantir CEO (10-27) (algorithms, schedule) Palantir applies AI   

4. NBA Gambling, Billionaire Tax, Tesla's Future, Amazon Robots, AWS Outage, Dangerous AI Bias (10-25) 

(29:51) Amazon's eventful week: AWS outage and leaked robotic automation plans

(1:03:54) Study shows AI bias

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1. *'SIGNIFICANT LABOR PROBLEM': Expert reveals US concerns (12-20) Rick Rieder 

2. *AI can already replace 11.7% of the U.S. workforce, MIT study finds (11-27) 

3. Alphabet's a threat to the Nvidia-OpenAI ecosystem, says Needham's Laura Martin (11-25) 

4. Sen. Warner on AI job losses: Recent college grad unemployment could hit 25% (11-22)  

5. *Morgan Stanley's Stephen Byrd: No job will be unaffected by AI (11-19) 

6. WSJ 11-16 Layoff Tactics Keep Changing, and the Blunders Keep Coming

7. WSJ 11-13 Companies Predict 2026 Will Be the Worst College Grad Job Market in Five Years

8. WSJ 11-12 It’s Too Early to Write Off College Degrees

9. WSJ 11-7 The Boss Has a Message: Use AI or You’re Fired