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AI to Cut 10-15% of Jobs by 2030 as Firms Flatten Hierarchies
RzeczpospolitaLO·1 day ago
Labor market data shows AI is reducing demand for young workers in AI-exposed occupations while increasing demand for experienced professionals, creating a barrier to entry for new entrants. The trend is uneven across the economy, and the key uncertainty is how workers can gain experience as entry-level tasks are automated. This matters because it signals a structural shift in labor demand with potential long-term economic and social implications.