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Fed Chair Powell Says AI Probably a Factor in Concerning Unemployment Rates

gizmodo.com Ece Yildirim 2025-09-20 13:20:48

The Fed decided to cut interest rates on Wednesday, citing a weak labor market as the reason. The latest jobs report showed that U.S. employers only added 22,000 jobs in August, down from the 79,000 in July, showing a dramatic slowing in hiring. It was the worst August report since the pandemic and it got the Federal Reserve Board concerned. In a press conference on Wednesday, Fed Chair Jerome Powell was asked whether he thinks AI has any effect on this trend. Powell said that although there i

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Meta Freezes AI Hiring as Fear Spreads

futurism.com Unknown 2025-11-02 14:18:30

Mark Zuckerberg's Meta is freezing all hiring in its artificial intelligence division. As the Wall Street Journal reports, the company characterized the hiring freeze as "basic organizational planning," coinciding with a broader restructuring of its AI division's leadership. It's a notable admission that comes as Zuckerberg has been desperately offering key talent mind-boggling financial offers, reportedly reaching $1 billion — with seriously mixed results — that highlight its frantic attempts

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Report: Meta is hitting pause on AI hiring after its poaching spree

techcrunch.com Rebecca Bellan 2025-11-03 18:25:15

In Brief Meta has frozen hiring in its AI organization after restructuring the unit earlier this week, reports The Wall Street Journal. The hiring freeze follows weeks of poaching more than 50 AI researchers and engineers from competitors. The freeze went into effect last week, and it’s not clear how long it will last. Meta is still likely working through its reorg, which split its AI unit, Meta Superintelligence Labs, into four new groups: TBD Labs, run by former Scale AI founder Alexandr Wan

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A case study in bad hiring practice and how to fix it

news.ycombinator.com Thomas Kranz 2025-11-19 02:42:13

None of this - none of it at all - is remotely relevant to the actual day-to-day job of a Head of Security Operations. Again, these are questions that cannot be answered appropriately in character-capped text fields. But beyond that, these are questions that should not - ever - be used to screen applicants. Applicants for a role where these requirements are not even remotely relevant. How Their Interview Process Works Having waded through this nonsense, your application finally gets sent. As w

Topics: application company hiring process reviews
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AI interview bots spark backlash from frustrated job applicants

techspot.com Skye Jacobs 2025-12-09 03:22:00

The big picture: As more employers turn to AI to manage overburdened recruiting pipelines, the debate about its merits – and drawbacks – continues. Some job-seekers opt out of opportunities altogether when robots come calling. Others, resigned to the new normal, accept these digital gatekeepers to find work. Both sides, for now, seem likely to remain divided as the hiring process rapidly evolves. As employers increasingly automate their recruitment processes, job interviews themselves are under

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Job-seekers are dodging AI interviewers

news.ycombinator.com Emma Burleigh 2025-12-08 21:04:20

The next time you get buttoned-up and sit down for a long-awaited job interview, you might not find a human on the other end of the call. Instead, job-hunters are now joining Zoom meetings only to be greeted by AI interviewers. Candidates tell Fortune they’re either confused, intrigued, or straight-up dejected when the robotic, faceless bots join the calls. “Looking for a job right now is so demoralizing and soul-sucking, that to submit yourself to that added indignity is just a step too far,”

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AI Is Already Disrupting Labor, and Recent Grads Could Be a ‘Lost Generation’

gizmodo.com Ece Yildirim 2025-12-13 03:44:07

“Artificial intelligence is going to replace literally half of all white-collar workers in the U.S.” That’s a direct quote from Ford CEO Jim Farley from earlier this month. And he is not the only executive ringing the alarm. Perplexity CEO Aravind Srinivas recently told The Verge that he expects AI to be able to replace recruiters and executive assistants in the next six months. The warnings are plenty, and the timeline the executives give is relatively short. But the reality may be even more i

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The résumé is dying, and AI is holding the smoking gun

arstechnica.com Unknown 2026-02-25 03:25:41

Employers are drowning in AI-generated job applications, with LinkedIn now processing 11,000 submissions per minute—a 45 percent surge from last year, according to new data reported by The New York Times. Due to AI, the traditional hiring process has become overwhelmed with automated noise. It's the résumé equivalent of AI slop—call it "hiring slop," perhaps—that currently haunts social media and the web with sensational pictures and misleading information. The flood of ChatGPT-crafted résumés

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AI in Hiring: Examining Biases and Human Experience

computer.org Enrique Quezada 2026-03-07 10:56:55

Is artificial intelligence streamlining the hiring process, or is it just automating old biases in new ways? As employers increasingly turn to artificial intelligence for recruitment and hiring processes, researchers are raising important questions about the technology’s effectiveness in creating fair opportunities for all candidates. A recent study by Theresa Fister and George K. Thiruvathukal of Loyola University Chicago explores the human experience of AI job applications and investigates pot

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A New Standard for Ethical Hiring: Combining Human Judgement with AI Fairness Tools

computer.org Enrique Quezada 2026-03-10 00:42:43

The ability of AI-powered systems to make decisions based on complicated sets of data has introduced speed and efficiency to hiring, the loan approval process, fraud detection, and more. But has it enhanced accuracy? Many would argue no, especially those impacted by biased hiring algorithms, including employees and employers. One of the most elusive conundrums is how to fight age-based bias by AI-powered hiring systems. For the 2024 IEEE International Conference on Big Data and Smart Computing

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Software engineering job openings hit five-year low?

news.ycombinator.com Amsterdam 2025-11-11 05:11:13

Hi, this is Gergely with a bonus issue of the Pragmatic Engineer Newsletter. In every issue, I cover topics related to Big Tech and startups through the lens of engineering managers and senior engineers. This article is an excerpt from last week's The Pulse, issue – full subscribers received the below details seven days ago. To get articles like this in your inbox, subscribe here. Many subscribers expense the newsletter – if you have a learning & development budget, here's an email you could se

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Mercor, an AI recruiting startup founded by 21-year-olds, raises $100M at $2B valuation

techcrunch.com Tage Kene-Okafor 2025-11-11 12:00:00

Mercor, the AI recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B round, the company confirmed to TechCrunch. Menlo Park-based Felicis led the round, valuing Mercor at $2 billion—eight times its previous valuation, the Wall Street Journal previously reported. Existing investors Benchmark, General Catalyst, and DST Global also participated. General Catalyst had led the company’s $3.6 million seed round in 2023, while Benchmark backed its $32 mil

Topics: ai foody hiring humans mercor
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