May 2, 2025
Three years ago, the Biden administration, backed by big bipartisan majorities in Congress, launched the CHIPS and Science Act to revitalize domestic semiconductor manufacturing. After decades of outsourcing that reduced the U.S. production share of advanced chips from 37 percent to 10 percent, this “industrial policy” investment was justified as necessary for national security and as a measure to reinvigorate…
May 1, 2025
In today’s labor market, few occupations are safe from AI disruption. It’s been a rough month for hiring plans. The market volatility ignited by President Donald Trump’s tariff policies has made business planning difficult, and that includes any intentions of hiring. Combined with the accelerating adoption of artificial intelligence, disruptions to the labor market don’t…
April 25, 2025
Media influencer Brett Cooper did something last year that most people her age won’t: she got married. “It’s the most grounding experience I’ve ever had,” she told a crowd gathered at the University of Virginia for the National Marriage Project’s spring conference, cosponsored with the Wheatley Institute. Cooper is 23 and had celebrated her one-year anniversary…
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,…
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…
March 11, 2025
The “American dream” is a “better, richer and happier life for all our citizens of every rank,” wrote the historian James Truslow Adams over a century ago. Yet with ordinary Americans succumbing to “deaths of despair” at alarming rates, rates of happiness hitting record lows and way too many men and women stuck in poverty across generations, it’s probably no surprise…
March 11, 2025
While occupied with budget bills to keep the government open and set future spending and tax levels, Congress is also cleaning up past messes. Today, the House is expected to vote on legislation to hold criminals accountable for stealing over $100 billion in pandemic-era unemployment benefits. All agree on the urgent need for action, but Democrats’…
March 6, 2025
It would be a king-sized understatement to say that diversity, equity, and inclusion (DEI) initiatives have had better weeks, months, years, and decades than they are currently experiencing. From the Supreme Court’s ruling that banned affirmative action in admissions, to the Trump administration’s full-scale bureaucratic offensive to expunge DEI from federal policy and programs, to corporate America’s widespread retreat from years…
March 3, 2025
For whom is the bell tolling? When it comes to the leading-edge impacts of artificial intelligence (AI) on the workforce the answer appears to be well-paid, middle managers at some of the nation’s leading high-tech firms. As the Financial Times reported late last week, Amazon has announced the elimination of nearly 14,000 jobs concentrated in the ranks…