Corporate leaders are accelerating AI adoption with an eye on costs, stoking fresh anxiety about job security even as productivity prospects brighten. A Morgan Stanley survey cited in the piece found a 4% net reduction in roles across five AI-exposed sectors, with early-career workers hit hardest. Circle CEO Jeremy Allaire told the Economic Club of New York that “agentic AI” will replace a large share of white-collar work while lifting overall output, and he expects Wall Street to intensify scrutiny of operating expenses by 2027. Recent and impending staff cuts at major firms such as Amazon, Block and Meta underscore the shift. Even gig work could feel the squeeze as Uber eyes autonomous robotaxis to compete with Tesla’s efforts. The tension between efficiency gains and labor dislocation is moving from theory to the front lines of corporate strategy.
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