One of the world's largest consulting firms, McKinsey & Company, is confronting a serious challenge as AI increasingly demonstrates the ability to perform traditional consulting tasks faster and at lower cost. Kate Smaje, a senior partner leading McKinsey's AI initiatives, acknowledged to The Wall Street Journal
The American labour market is already being significantly influenced by generative AI, with young technology sector workers being the first casualties of this impact, according to Joseph Briggs, Senior Global Economist at Goldman Sachs. The unemployment rate for tech workers aged 20-30 has increased by 3 percentage points since early
Nearly half of American managers are employing artificial intelligence to make critical personnel decisions, while 78% of employees express concern about this practice. According to research conducted by ResumeBuilder.com between June 14-20, 2025, 48% of managers use AI tools to determine who gets promoted or terminated. The survey, which
