Economist Nouriel Roubini said artificial intelligence will spur short-term hiring for infrastructure and startups but ultimately lead to “massive” job shedding as productivity gains take hold. Speaking on Yahoo Finance’s Opening Bid, the NYU professor argued that recent labor-market softness reflects aging demographics and tighter immigration more than AI so far, even as Big Tech has begun trimming staff. A Morgan Stanley survey of employers in five AI-exposed industries found a 4% net reduction in headcount, with the steepest cuts among entry-level roles. Circle CEO Jeremy Allaire predicted intensifying investor pressure on operating costs through 2027 as companies separate winners and laggards in AI adoption.
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