
""At LinkedIn... we have an economic graph which is over a billion members. We've got companies, jobs, skills. It's really an amazing real-time view of what's happening in the labor market. And we've looked - because everyone wants to know the answer to this question: Is AI impacting jobs right now? We've looked and, honestly, we haven't seen it.""
""We have not seen the sort of impacts that you would expect to see in areas that everyone is talking about AI... like industries, whether or not it's customer support, or administrative, or marketing - all these places that if we were seeing impacts [from] AI that's where it would be.""
""Doesn't mean it's not going to happen in the future, but not yet.""
""So, even if you're not changing jobs, your job's changing on you.""
LinkedIn's Chief Global Affairs and Legal Officer reported a 20% decline in hiring since 2022, attributing it to rising interest rates rather than AI. The company's economic graph, which includes over a billion members, shows no significant job impacts from AI in various industries. Hiring rates for college-aged individuals are not declining more than those for mid-career professionals. However, the skills required for jobs have changed significantly, with expectations that this will increase to 70% by 2030 due to AI advancements.
Read at TechCrunch
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