More than 200,000 European banking jobs could vanish by 2030 as lenders lean into AI and shutter physical branches, according to a Morgan Stanley analysis reported by the Financial Times. This represents approximately 10 per cent of the workforce across 35 major European banks. The banks in the analysis
A 2025 study shows that low-quality AI-generated materials – labelled as “workslop” – are undermining teamwork and causing substantial financial losses. Researchers found that poorly produced texts, presentations, and reports often require double-checking, resulting in direct productivity losses worth several million dollars annually for large enterprises. The analysis highlights that AI outputs
The World Economic Forum’s (WEF) Future of Jobs Report 2025 projects that around 78 million new jobs could be created globally by 2030, but warns that workforce reskilling remains an urgent challenge. Published in January 2025, the report highlights how artificial intelligence, the green transition, and digital technologies are
Amazon announced it is testing a new generation of warehouse robots and AI-powered tools designed to boost productivity and streamline workflows. According to the company, these innovations are meant not only to accelerate goods handling but also to support workers, while experts warn about the significant risk of large-scale job
The rapid spread of AI technologies is already reshaping the labour market, with several white-collar jobs eliminated and economists warning that the process is far from over. The highest risk is faced by employees in administrative, legal, financial, and certain creative sectors, where automation and generative AI directly replace human
On 6 October 2025, Jimmy Donaldson, better known as MrBeast, warned that OpenAI’s Sora 2 video generator signalled “scary times” for the creative industry. According to Forbes’ 2025 ranking, MrBeast is the world’s top YouTube creator with US$85 million in annual revenue and 634 million followers, giving
On 25 September 2025, OpenAI introduced GDPval, measuring AI models on economically valuable, real-world tasks across 44 occupations in nine sectors that each contribute over 5% to U.S. GDP. The aim is to move from synthetic exams to authentic work deliverables (e.g., legal briefs, engineering blueprints, nursing care
The Stanford Digital Economy Lab published Canaries in the Coal Mine? Six Facts About the Recent Employment Effects of Artificial Intelligence, which found that in AI-exposed occupations, employment of 22–25-year-olds fell by 13%, even as overall employment continued to grow. The study highlights that AI’s primary impact is
OpenAI announced the development of the OpenAI Jobs Platform in September 2025, which will use AI technology to connect qualified candidates with companies, positioning itself as a direct competitor to Microsoft's LinkedIn platform. The platform is expected to launch by mid-2026 and will not only serve large companies:
The job search process is becoming increasingly difficult: many young applicants use AI tools to write their applications, while HR departments also rely on artificial intelligence to pre-screen submissions. The result is that a large proportion of candidates never make it to an interview. According to data reported by The
The European Commission's Strategic Foresight Report, published on 9 September 2025, places the concept of Resilience 2.0 at its core, aiming to prepare Europe for rapid changes, with particular emphasis on AI-driven labour market shocks. The dramatic acceleration of technological development is well illustrated by European Commission
Algorithmic management (AM) has become a key research focus in the sociology of work, especially concerning platform work, but is increasingly spreading to traditional workplaces. A recent study by Csaba Makó, Miklós Illéssy, József Pap, Éva Farkas and László Komlósi, published in the Journal of Labor and Society under the
