July 17, 2025
Uber co-founder Travis Kalanick is quietly launching the next wave of food automation through his new venture, CloudKitchens. He recently revealed a 60-square-foot machine that assembles 300 custom bowls per hour, cutting labor costs by as much as 60 percent. The system handles everything from ingredient dispensing to delivery handoff. And this is just the beginning. Kalanick envisions…
July 1, 2025
Some important new numbers are out on the future of the US labor supply, highlighting how a confluence of factors—demographic aging, economic growth, and restrictive immigration policy—are conspiring to create historically tight labor markets in the coming years. The impacts of these trends on businesses and consumers will be pervasive, difficult to manage, and annoying. Americans, I…
June 23, 2025
It’s been another breathless week in the business of projecting how artificial intelligence will reshape the US (and global) labor markets. Following Anthropic CEO Dario Amodei’s warnings of an AI “bloodbath,” several major tech companies announced plans to make significant workforce reductions, citing AI efficiencies as the reason. LinkedIn co-founder and Netflix board member Reid Hoffman stepped into the conversation…
May 29, 2025
Artificial intelligence has quietly entered the nation’s classrooms. Teachers and administrators are scrambling to catch up. On April 23, the White House announced the Advancing Artificial Intelligence Education for American Youth Executive Order, creating a federal taskforce chaired by the White House Office of Science and Technology Policy, the Department of Education, and other agencies. The goal:…
May 29, 2025
We recently released a new report examining the persistent challenges facing veteran transition services and outlining a path forward to improve how these programs are delivered, monitored, and evaluated. The report emphasizes the need for targeted, customized support—especially for enlisted service members who often face the greatest difficulty reentering civilian life. These are matters of fairness and…
May 22, 2025
In a recent Atlantic Magazine article about how college graduates are faring in the labor market, columnist Derek Thompson highlights new data to the contest over whether the costs of a bachelor’s degree outweigh its benefits. Relying on analysis from the Federal Reserve, Thompson notes that the unemployment rate for graduates with four-year degrees is slightly higher than those with…
April 24, 2025
We have all gotten used to the idea that generative AI can help bad writers become better (or at least appear to be better) than they are when left to their own skills. This has resulted in some challenges for hiring managers struggling to cope with the tsunami of applications and cover letters that make…
April 21, 2025
Among the sectors of the US economy most exposed to AI-driven automation is finance. This is unsurprising given that banking and financial advising are massive knowledge management operations, constantly scanning the globe—like the Eye of Sauron—for opportunities and risks. One of the main applications of AI in the finance sector is helping firms understand themselves,…
April 9, 2025
A new working paper from the National Bureau of Economic Research, Measuring Human Leadership Skills With AI Agents, presents evidence that artificial intelligence may soon play a central role in evaluating human soft skills—long considered too complex and subjective to measure objectively. Conducted by Ben Weidmann and David Deming et al. at the Harvard Kennedy School,…
March 25, 2025
We appear to be approaching the break-out phase of artificial intelligence’s diffusion across the American economy. As reported in the Wall Street Journal, recent data from the University of Maryland’s AI job tracker finds that nearly 25 percent of tech job postings earlier this year mentioned AI skills. And it isn’t just the tech sector that’s hiring—finance, professional…