34 articles
Fortune
A new bill proposes taxing AI companies based on token value or revenue to fund job creation if AI causes mass unemployment. The tax rates would increase automatically as unemployment rises, with proceeds directed toward sectors like construction, infrastructure, and elder care. Lawmakers argue that AI's economic benefits should include job security and shared profits for workers.
McKinsey & Company
McKinsey & Company's research indicates that job losses caused by AI adoption have been less than previously predicted. The study suggests that while AI is transforming work, the displacement of jobs has not occurred at the scale many had anticipated. The findings highlight a more nuanced impact of AI on employment than earlier forecasts suggested.
citybiz
AI is transforming job roles and reducing wages, but it is not leading to widespread layoffs, according to an economist from Apollo. The shift is causing changes in employment patterns and compensation, but not necessarily large-scale job losses. The economy is adapting through job reallocation rather than significant unemployment.
The Hans India
Bill Gates warns that rapid AI advancement could lead to mass unemployment, security threats, and social harm if not regulated, with AI replacing both white- and blue-collar jobs. US Senator Bernie Sanders supports Gates' concerns, emphasizing the urgent need for global action to prevent economic and societal damage from AI. Nvidia’s Jensen Huang, however, believes AI will create unprecedented job opportunities despite current job cuts linked to AI being reported.
조선일보
The Basic Income Party's proposal for youth subsidies has faced significant criticism over its potential financial burden and effectiveness. Critics argue that the policy may not adequately address unemployment or poverty among young people. The debate highlights concerns about the feasibility and impact of unconditional cash transfers.
BW People
Organizations must adopt a skills-first, human-centric approach to retain talent in an AI-driven workplace, emphasizing continuous learning and career growth. With rapid changes in required skills, HR must shift from traditional talent strategies to align workforce capabilities with long-term business goals. Embedding continuous learning into daily work and fostering human-AI collaboration are critical for maintaining agility and employee engagement.
richardhanania.com
The article argues that the creation and destruction of jobs is a natural part of economic progress, and that focusing on job preservation as a measure of economic success is misguided. It highlights that wealthier societies do not necessarily have more jobs, but rather more productive and innovative economies. The author suggests that concerns about job loss due to technological advancements or immigration should instead focus on how these changes affect overall consumption and economic growth.
The Advocates for Self-Government
A compute tax on AI's computational resources could increase costs and slow AI adoption, but it may also hinder innovation and economic growth by discouraging investment in AI technologies. Critics argue that such a tax is based on uncertain predictions about AI's future impact on employment and the economy. Instead of taxing AI for jobs it hasn't taken, the article suggests that the tax system should adapt to AI's role in the economy without prematurely imposing barriers to its development.
PsyPost
Young people who grow up in financially secure households are more likely to lose their religious faith by adulthood, according to a study following thousands of teenagers over a decade. The findings suggest that modern secularization may be linked to reduced reliance on religion for social and psychological support as financial stability increases. The research highlights that as environments become more predictable and secure, the perceived need for religious beliefs and practices diminishes.
YourStory.com
Microsoft's Puneet Chandok emphasizes the need for a balance between AI skills and human qualities like empathy and judgment in the modern workforce. India is leading in this shift, with twice the global average of 'frontier professionals' who effectively combine AI automation with human insight. Chandok advises young engineers to master AI while nurturing uniquely human traits to stay competitive in the evolving tech landscape.
The Economic Times
The article highlights the economic risk of widespread job loss due to AI, emphasizing that the real danger lies not just in unemployment but in the collapse of consumer spending when millions lose purchasing power. While AI may create new jobs in some sectors, the simultaneous reduction in discretionary spending by displaced workers could severely impact industries like retail and hospitality. The long-term consequences of technological unemployment could lead to lasting economic scarring.
YourStory.com
India leads global AI adoption in the workplace, with a significant portion of its workforce actively managing complex AI systems while maintaining strong human oversight. The Microsoft 2026 Work Trend Index highlights that 32% of Indian AI users are frontier professionals, double the global average, emphasizing their role in defining the future of work through a balance of automation and human judgment. Indian employees prioritize quality control and critical thinking, asserting final responsibility for AI-generated outcomes, which sets them apart globally.
조선일보
The article questions whether Yong Hye-in, nominated as a youth minister, is genuinely representative of youth issues. It highlights concerns over her age and experience, suggesting a mismatch between her background and the youth ministry role. Critics argue she may not effectively address the needs of young people.
The Express Tribune
Pakistan's IT exports reached a record $4.6 billion in fiscal year 2025-26, driven by growth in high-value services, but the sector is simultaneously facing significant job cuts as AI automates routine tasks. Entry-level hiring has dropped by 25%, with freelancers accounting for $1.6 billion of exports, raising concerns over the long-term sustainability of the industry's growth. Experts warn that while AI presents opportunities, Pakistan must rapidly reskill its workforce to meet the demand for advanced technical roles in AI, cloud computing, and cybersecurity.
매일경제
The Basic Income Policy Institute spent all of its policy development expenses in 2023, with 97% of the 15.465 million won allocated to contributions for international basic income events. No such expenses were recorded in other years from 2020 to 2025, and the institute attributed this to limited budget and financial constraints. Labor costs made up the majority of the institute's expenditures, with minimal funds available for research or external expertise.
YourStory.com
Business Nextgen Finance has raised Rs 215 crore to provide secured lending to small businesses in India's smaller towns outside the top 100 markets. India is emerging as a global leader in workforce transformation, with professionals increasingly adopting advanced AI tools in the workplace, according to the Microsoft 2026 Work Trend Index.
koreajoongangdaily.com
Yong Hye-in, the Gender Equality and Family Minister nominee, faces backlash over her past involvement in a basic income campaign that used the slogan "No work, Yes money," which critics argue promotes a distorted view of labor and youth. Opposition parties accuse her of holding a warped perspective on work and public responsibility, while allegations of cronyism arise from former colleagues in her civic groups now holding prominent roles in her party and office. Yong defends her actions, emphasizing the party's democratic structure and her role in its founding.
The New York Times
As major technology companies begin to reduce their dominance in artificial intelligence, the article explores the potential consequences for innovation, competition, and the broader tech ecosystem. The shift may lead to a more decentralized landscape, but also raises questions about the ability of smaller firms and open-source initiatives to sustain progress. The article suggests that the future of AI depends on how effectively resources, talent, and knowledge are redistributed.
EJIL: Talk!
The article explores the potential for coastal states, particularly Iran and Oman, to impose fees on vessels transiting the Strait of Hormuz, raising legal questions under UNCLOS regarding the legality of such charges. It highlights the historical context of maritime regulation in the strait and suggests that the debate may shift from transit tolls to broader issues of who should bear the costs of maintaining safe navigation. The article proposes that the Strait of Hormuz could serve as a practical test for applying UNCLOS Article 43, which addresses the financial responsibilities of states in maintaining maritime services in international straits.
Benzinga
Ross Gerber refers to Uber's 3,300 job cuts as the "first victims of the AI era," highlighting the timing just before Tesla's Cybercab launch as a sign of AI's growing impact on the industry. Uber is reducing its workforce by 10% to focus on autonomous driving, with CEO Dara Khosrowshahi stating the cuts will help build the company's "autonomous future." The move reflects a broader shift as companies invest heavily in AI and automation.
MyJoyOnline
Skills for Progress Africa (SFPA) and ELAF Industrial Automation have launched a fellowship program aimed at bridging the gap between technical education and industry readiness in Africa, starting with 10 Fellows in Ghana. The initiative seeks to develop technically competent professionals through training, practical exposure, and leadership development, with a goal of scaling up to 10,000 fellows to create a sustainable talent pipeline. The program addresses the disconnect between education and employment by connecting trained individuals with industry opportunities, aiming to enhance both youth employability and industry productivity.
businesstimes.com.sg
Seattle's luxury housing market is struggling as AI-related job cuts and increased taxes impact affluent areas, with high-end homes taking longer to sell than in previous years. Pending sales for top-tier properties fell sharply, contrasting with a stronger national luxury market. The region's real estate challenges reflect broader economic shifts affecting Seattle's tech-driven economy and wealthy residents.
Centre for European Reform (CER)
The EU and Türkiye face shared security and economic challenges from Russia, China, and an unreliable US, creating an opportunity for cooperation despite mutual distrust. However, Türkiye's democratic backsliding and unresolved bilateral disputes, particularly with Cyprus, hinder closer ties. The EU must shift from viewing Türkiye as a threat to engaging it as a strategic partner, while Türkiye needs to address concerns over rule of law and authoritarian governance to improve relations.
Tata Consultancy Services
Professionals must develop skills in AI literacy, critical thinking, and emotional intelligence to thrive in the AI era. The article emphasizes the importance of adaptability and lifelong learning as key factors for career success. Tata Consultancy Services highlights that collaboration between humans and AI will redefine job roles across industries.
New Atlas
Advancements in AI and speech recognition technology are making voice dictation a viable alternative to typing in professional settings. Apps like Wispr Flow and Handy leverage machine learning to offer accurate, real-time transcription, potentially transforming how people interact with computers at work. This shift suggests a future where typing may become obsolete, replaced by voice commands in various work environments.
orfonline.org
Pakistan's nuclear signalling has linked the Indus Waters Treaty to the broader India-Pakistan strategic rivalry, increasing the politicisation of water disputes and complicating dialogue. Water issues, traditionally technical, are now being framed as existential security concerns, influenced by nuclear deterrence dynamics. This linkage risks escalating tensions and reducing space for technical negotiations between the two nuclear-armed states.
PR Newswire
The Haslam College of Business at the University of Tennessee, Knoxville, is hosting an invitation-only AI Innovation Summit to explore the impact of AI on the future of work and business. The event brings together global experts, corporate leaders, and academic researchers to discuss practical strategies for harnessing AI's potential. The summit aims to foster collaboration and develop a shared agenda for the responsible and effective integration of AI in the workforce.
Manila Bulletin
VP Sara Duterte claims the EDSA crowd represents increasing public dissatisfaction, criticizing the Marcos administration for stifling dissent and neglecting critical national issues.
매일경제
Yong Hye-in, a member of the Basic Income Party and nominee for Minister of Gender Equality and Family, faces renewed scrutiny over past remarks where she harshly criticized then-Minister Kim Hyun-sook during a parliamentary audit. She had questioned Kim's willingness to resign following the ministry's abolition and pressed him to answer questions about potential roles in the restructured department. Her comments are now being re-examined as she seeks to retain her position as a proportional representative, despite the party's potential transition to an extra-parliamentary group.
outlookbusiness.com
Over 6,300 tech jobs have been cut globally in 10 days as companies like Uber, PayPal, and Oracle restructure due to AI adoption, cost-cutting, and slower growth. These layoffs reflect a broader trend of the tech sector reducing workforce to improve profitability and reallocate resources toward AI and automation. Major firms are reshaping operations to remain competitive amid shifting market conditions and investment priorities.
The Indian Express
Uber is cutting 3,300 jobs, or 10% of its global workforce, to streamline operations and invest in artificial intelligence and robotaxis. The move follows five years of growth but comes as the company faces competition from rivals like Waymo and struggles in its food delivery business. The layoffs are part of a strategy to simplify Uber’s structure and free up resources for future expansion.
Chosunbiz
Yong Hye-in faces increasing scrutiny during her confirmation hearing in South Korea amid allegations against her. She has avoided directly addressing the claims, fueling concerns about transparency and accountability. The situation highlights growing public and political pressure over her potential appointment.
조선일보
Yong Hye-in is under investigation for allegedly violating the Political Funds Act by misusing campaign funds. The complaint claims that the funds were used for personal expenses rather than political activities. The case has sparked debate over campaign finance transparency in South Korea.
아시아경제
Yong Hyein, a South Korean National Assembly member and nominee for Minister of Gender Equality and Family, faces another police report over allegations of misusing government subsidies to cover office expenses for the Alba Union civic group. Former Seoul Metropolitan Council member Lee Jongbae accused her and the Basic Income Party of violating the Political Funds Act and embezzling funds, citing accounting records showing subsidies were used for rent and maintenance fees. The party defended the payments as legitimate expenses under a sublease agreement, but concerns remain over potential misuse of research outsourcing fees and conflicts of interest.
Summaries are AI-generated and may contain errors; the linked article is the authority.
