CEOs and Workers See AI Very Differently

Bar graph showing that 40% of workers save no time with AI, while 19% of C-suite executives save more than 12 hours. Wall Street Journal -” Plus, the potential benefits of a blue-collar career change and why MBAs from top schools are struggling to get hired. CEOs say AI is boosting efficiency, but employees say it isn’t saving much time. There’s a vast gulf between senior executives’ and workers’ actual experience with generative AI, according to a new survey of 5,000 white-collar workers from AI consulting firm Section. White-collar workers shouldn’t dismiss a blue-collar career change. The best way to get over your midcareer slump might be to get over yourself first, writes Callum Borchers. AI can’t touch these skilled jobs—but humans aren’t filling them. Crane Stationery’s shortage of master engravers has not been caused by automation, but by the difficulty of enticing humans to learn such a high-precision craft…

1,773 – The number of job openings for Ph.D. economists as of December, according to the American Economic Association. That wasn’t just below the levels of a year earlier, when demand for economists was already weak; it was also down by about 20% from the same point in 2020—the year the pandemic buckled the market…”

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