Companies are replacing entry-level jobs with artificial intelligence — and, in the process, are upending the traditional route to career advancement for many young, white-collar workers, according to labor and AI experts. Typically, new entrants to the job market do grunt work with relatively low stakes — think research or …
Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon CEO Andy Jassy sat on a stage in a Seattle conference center in September, looking out at an audience of thousands of sellers who’d traveled from around …
A UPS truck at the Palace Imports warehouse in Linden, New Jersey, US, on Wednesday, Aug. 27, 2025. Michael Nagle | Bloomberg | Getty Images After a wave of big companies announcing steep job cuts, many laid-off workers may face a financially difficult and uncertain period ahead. Amazon said on …
U.S. President Donald Trump speaks before signing executive orders in the Oval Office at the White House in Washington, DC, on Sept. 19, 2025, including one measure introducing the new $100,000 H-1B visa fee. Mandel Ngan | AFP | Getty Images Nearly a month after the Trump administration’s surprise $100,000 …
Ethan Mollick is considered one of the leading experts on the emerging world of generative AI, jobs and the economy, but you might not think so if you take his word for it. “Leading is not that far a lead as an expert,” he told CNBC’s Sharon Epperson at the …
Deep within the bowels of JPMorgan Chase’s data centers and cloud providers, an artificial intelligence program crucial to the bank’s aspirations grows more powerful by the week. The program, called LLM Suite, is a portal created by the bank to harness large language models from the world’s leading AI startups. …
Apple shareholders and investors betting on a Federal Reserve rate cut have received good news lately. The week ahead offers tests to both camps. Fresh off Friday’s soft jobs report, the other side of the Fed’s dual mandate of maximum employment and price stability will take center stage in the …
Current CEO of Hewlett Packard Enterprise Antonio Neri rose from call center agent at the company to chief executive officer. Doug McMillon, Walmart CEO, started off with a summer gig helping to unload trucks. It’s a similar story for GM CEO Mary Barra, who began on the assembly line at …
The sun has set on Nvidia earnings week. Time to close up shop and return in three months when it reports again because nothing else matters, right? Not quite. Grabbing the spotlight from Nvidia in the week ahead is the U.S. jobs market — plus, there are a few noteworthy …
Seri Thompson has been on the job market for eight months. In that time, she’s applied to over 180 jobs. Some of them are related to her new communications degree, like for social media or marketing jobs. Lately she’s also applied to jobs unrelated to her field, like assistant or …