economy
LinkedIn data shows AI isn't to blame for hiring decline... yet
LinkedIn says hiring is down 20% since 2022, but blames higher interest rates — not AI — for the slowdown.
TL;DR
- LinkedIn's data shows a 20% decrease in hiring since 2022.
- The company attributes the hiring decline to rising interest rates, not AI.
- AI's impact on jobs has not been observed in sectors typically expected to be affected.
- The skills required for average jobs have changed by 25% in recent years.
- LinkedIn predicts that AI will cause job skills to change by 70% by 2030.