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2025/11/01 20:00

Thanks to AI? Or Is It Serious? What's Jerome Powell's 'AI Era Hiring Crisis' All About?

An easy-to-understand explanation of Fed Chair Powell's statement that 'employment is barely growing due to AI's impact.' We take a casual look at what this means for future work styles and employment structures.
Thanks to AI? Or Is It Serious? What's Jerome Powell's 'AI Era Hiring Crisis' All About?

I recently saw in the news that Jerome Powell, the head of America's central bank, said "jobs are barely increasing thanks to AI" and it kind of surprised me💭

We often hear that "AI is taking jobs," but I had a feeling the actual impact might be different from what we intuitively think... Yet Powell clearly stated that 'hiring growth is almost zero'😳

Who is Powell Anyway?

Powell is the head of the Federal Reserve (Fed) in the US—the person who watches economic trends and decides things like interest rates and employment policies. But honestly, all the technical terms and complexity made my head spin a bit😵‍💫

So for this topic, I just want to focus on the super simple point: "New jobs aren't increasing at all due to AI's impact"✨

Is AI Really Taking Jobs?

You probably have that "AI is stealing jobs" image too, right? But actually, there was also the idea that as AI becomes capable of more things, new jobs should be created.

According to Powell, though, right now "new jobs aren't increasing"—which makes me think maybe AI is rapidly replacing jobs, but equivalent employment isn't being created, and that could be kind of serious...🥺

Why Is This Happening?

Here are some possible reasons👇✨

  • AI implementation has improved efficiency, but that hasn't directly led to "employment expansion"
  • New AI-related jobs and services haven't spread widely enough yet
  • Overall economic uncertainty and interest rate fluctuations make companies hesitant to hire significantly

Something like that💡

How Does This Affect Us?

This is a bit of a nerve-wracking topic, but it could change how we work.

  • For example, routine and simple tasks will increasingly be handed over to AI.
  • Conversely, "creative work" and "communication"—things only humans can do—will become even more important.
  • We might need to acquire new skills more than ever.

I kind of thought "AI is amazing!" but behind the scenes, the slowdown in job growth is actually quite a real problem, I realized🌸

To Summarize...

Powell's point is that "AI evolution isn't just taking jobs—it's also not creating new jobs fast enough yet."

The future of the economy and work styles is still hard to see, but I feel like learning to coexist well with AI while honing our own strengths and skills will become increasingly important💭

It's a bit of a complex topic, but I think it's something we should seriously consider as part of our near future, not just casually~✨

Show animated messageON
Wait... it's scary that jobs aren't increasing🥺

Comments

Ataror of George

ジョージ

The economy is being propped up by AI expectations, but reality hasn't caught up at all, and we're going to get hit hard soon.

Ataror of Brooklynn

ハンナ

AI can be a useful assistant, but it can't replace roles in software development or data fields. It creates fake statistics, writes unnecessarily long code, and just wastes time on fixes.

Ataror of Nolan

ノーラン

Everyone says 'AI' but they're really just talking about a 'recession,' right?

Ataror of Brooklynn

ハンナ

You can only get interviews at places where your experience matches almost 100%—they don't care about skill transferability at all.

Ataror of Sadie

サム

Wait, hold on. They said with 100% certainty that massive tax cuts would increase employment, but if employment is zero, does that mean we need even more tax cuts? They say society and infrastructure are fine, so tax cuts will save us.

Ataror of Robert

ロバート

It was great for my company. When competitors replaced customer service with AI and laid people off, customers came flooding to us, and we basically poached those employees.

Ataror of Christian

クリス

This isn't due to AI—it's a policy-induced recession. I use AI every day, but it's nowhere near replacing humans. Efficiency improves, but it doesn't cut the workforce in half. It just speeds up the discovery phase of tasks.

Ataror of Nolan

ノーラン

In the end, AI will benefit upper management and investors at the expense of workers—how wonderful.

Ataror of Leo

レオ

Let's create a new Reddit community called 'AItheAsshole.'

Ataror of Kingston

グレース

If AI starts taking real jobs, it won't just be unemployment—it'll be hell. AI hallucinations aren't bugs; they're fundamental flaws.

Ataror of Aiden

エマ

AI doesn't shop! It's a computer, not a consumer! If people don't spend money, companies don't make profit—simple as that.

Ataror of Wyatt

ワット

It feels like I'm competing with AI for my job every day. I'm in IT, and if AI takes my job, there won't be another one.

Ataror of Robert

ロバート

I don't think AI could ever dominate the world if nobody has jobs.

Ataror of Brooklynn

ハンナ

I'm not saying everything's a lie, but I haven't seen any evidence. When companies say 'our AI is amazing,' it's just PR. In the end, someone's just taking everything for themselves.

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