JPMorgan CEO: AI has ‘displaced people … and we offer them other jobs’

At JPMorgan Chase’s February investor meeting, CEO Jamie Dimon said something that most corporate leaders have carefully avoided: His company has already displaced workers because of AI.

“We already have huge redeployment plans for our own people; in fact, we spoke about it today, and we have to up that a little bit,” Dimon said during his Q&A session with analysts. “We can take people who are displaced—and we have displaced people from AI—and we offer them other jobs. They’re usually well-trained and highly talented, and very good at things.” READ MORE

Record CEO turnover is rewriting who gets the top job

In just the last year, CEOs at Walmart, Target and Disney have either announced their exits or begun actively planning handoffs, while Apple’s board is reportedly accelerating its own succession timeline.

It turns out, these are not isolated stories. They are the most visible examples of a pattern in which boards are replacing CEOs faster, often turning to first-timers homegrown inside the company, and putting unprecedented pressure on succession planning, leadership pipelines and the CHROs who steward them. READ MORE

Myth vs. fact: Is AI really killing entry-level jobs?

A prevailing narrative at the moment is that AI is reshaping entry-level roles so rapidly that it is significantly altering annual hiring numbers for early-career talent. In short: the end of entry-level roles is nigh.

There’s no denying that AI is automating routine, repeatable tasks that have historically formed foundational skills for many early career roles (e.g., junior analysts, paralegals, basic coding roles, customer service representatives, etc.). But is the perception of radically reduced opportunity for early career talent, in fact, reality? READ MORE

Last year, Accenture trained 550,000 workers in AI—now it’s warning senior staff to use it or don’t get promoted

Bosses have long warned staffers who are slacking in AI adoption that they will get overtaken by their tech-savvy coworkers—and now, having the skill can make or break a career.

Consulting giant Accenture just told its associate directors and senior managers that they need to consistently use its AI tools in order to be considered for high-level promotions, according to a recent Financial Times report. READ MORE

Is corporate America breaking up with DEI or just taking its relationship underground?

The second Trump administration has been marked by blowback to diversity, equity and inclusion (DEI) programs among American companies. It's a welcome change, according to XX-XY Athletics CEO Jennifer Sey, who calls such programs and hiring practices "excessive."

"Excessive focus on DEI, whether it's through hiring practices or public marketing, actually can have an adverse effect on [a] company's performance," Sey told Fox News Digital. READ MORE

OpenAI didn't contact police despite employees flagging mass shooter's concerning chatbot interactions

A new report from the Wall Street Journal revealed that employees at Open AI, the artificial intelligence company known for creating ChatGPT, raised alarm about transgender Canadian mass shooter Jesse Van Rootselaar's interactions with its chatbot but did not alert authorities. 

Around a dozen employees reportedly were aware of the concerning interactions months before Van Rootselaar killed multiple family members and school-aged kids in Tumbler Ridge, British Columbia. The interactions, first flagged by an automated review system, included violent scenarios involving gun violence over the course of multiple days, people familiar with the matter indicated to the Wall Street Journal. READ MORE

Mark Cuban on 2 types of AI users: you're either using it to 'learn everything' or 'so you don't have to learn anything'

Mark Cuban says there are two types of people who use AI. Which one are you?

"There are generally 2 types of LLM users, those that use it to learn everything , and those that use it so they don't have to learn anything," Cuban said of large language models in an X post on Tuesday.

The "Shark Tank" billionaire has been bullish about AI and said that companies need to embrace it. READ MORE

Trump’s tariffs are working on China—at a huge cost to American small business

A new analysis from the JPMorgan Chase Institute reveals that while aggressive trade policies implemented in 2025 have successfully driven a significant wedge between midsize American businesses and Chinese suppliers, the decoupling has come with a staggering price tag for U.S. companies.

The report, titled “Tracking international payments: How are midsize firms reacting to tariffs?” paints a picture of a business sector that is bending but not breaking under historic pressure. According to JPMorgan banking data on financial outflows of firms with revenues between $10 million and $1 billion, the cost of importing goods has skyrocketed—and American companies are bearing the brunt. READ MORE

Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology

As debate continues over AI’s true impact on the labor force, OpenAI CEO Sam Altman said some companies are engaging in “AI washing” when it comes to layoffs, or falsely attributing workforce reductions to the technology’s impact.

“I don’t know what the exact percentage is, but there’s some AI washing where people are blaming AI for layoffs that they would otherwise do, and then there’s some real displacement by AI of different kinds of jobs,” Altman told CNBC-TV18 at the India AI Impact Summit on Thursday. READ MORE

Elon Musk wants to put a satellite catapult on the moon. It's not a new idea

Last week, SpaceX founder Elon Musk advised workers at the newly acquired company xAI that he wants to set up a factory on the moon to build artificial intelligence (AI) satellites. And he called for a colossal catapult on the lunar surface to fling them into space.

"My estimate is that, within two to three years, the lowest-cost way to generate AI compute will be in space," Elon Musk wrote in a Feb. 2 update that announced SpaceX's acquisition of xAI. READ MORE

The Rise of RentAHuman, the Marketplace Where Bots Put People to Work

For centuries, people have catastrophized about robots taking away jobs. On February 1, the paradigm shifted: bots are creating jobs. Now, 518,284 humans—and rapidly counting—are offering their labor to AI agents on a new online marketplace called RentAHuman. There are classifieds to count pigeons in Washington ($30/hour); deliver CBD gummies ($75/hour); play exhibition badminton ($100/hour); and anything else you could possibly imagine that a disembodied agent couldn’t do.

The provocatively-titled platform enables users to connect AI agents like Clawdbot or Claude to its Model Context Protocol server so they can search, book, and pay for humans to carry out tasks in “meatspace.” Think of it like Fiverr, but doing away with the human recruiter and letting autonomous bots do the hiring instead. READ MORE

7 choices that could finally make performance management worth the effort

Performance management is broken. While HR teams and leaders often think their programs work well, many employees don’t. According to PwC’s Workforce Radar study, 97% of HR leaders believe their organizations effectively grow and develop talent, but only 50% of business leaders and 30% of employees agree.

This disconnect exists because each person experiences performance management differently. Employees see a box-checking exercise. HR views it as a development tool. Business leaders use it to manage pay and accountability. The result? Confusing signals, lost trust, and stalled growth in the very capabilities organizations need to compete. READ MORE

42% of Employee Turnover Is Preventable but Often Ignored

Self-reported employee turnover risk is at its highest point since 2015.

Gallup’s latest measure in May shows half of U.S. employees (51%) are watching or actively seeking a new job, continuing a recent upward trend. While voluntary employee turnover rates have stabilized since the Great Resignation due to cooling economic and job markets, employees’ long-term commitment to their organizations is currently the lowest it has been in nine years. READ MORE

Disciplined Entrepreneurship: What It Really Takes to Build a Business

When founders succeed, they’re often dubbed business prodigies, destined for greatness from day one. However, leaders at the MIT Sloan School of Management assert that successful entrepreneurs are made, not born.

“[Entrepreneurship] is not a science or an algorithm. It’s not art either,” says Bill Aulet, a three-time entrepreneur and MIT professor. “It’s theory and practice. In entrepreneurship, you are always doing something different. So it has to be taught as a craft through the apprenticeship model where you can apply first principles and there are master craftsmen around you to learn from.” READ MORE

How Soon Will AI Take Your Job?

In 1869, a group of Massachusetts reformers persuaded the state to try a simple idea: counting.

The Second Industrial Revolution was belching its way through New England, teaching mill and factory owners a lesson most M.B.A. students now learn in their first semester: that efficiency gains tend to come from somewhere, and that somewhere is usually somebody else. The new machines weren’t just spinning cotton or shaping steel. They were operating at speeds that the human body—an elegant piece of engineering designed over millions of years for entirely different purposes—simply wasn’t built to match. The owners knew this, just as they knew that there’s a limit to how much misery people are willing to tolerate before they start setting fire to things. READ MORE

57 Infuriating Examples Of "Enshittification" That Prove Everything Is Just Getting Worse All The Time, Unfortunately

You may have been hearing this word tossed around over the last year: enshittification. According to Merriam-Webster, it's "when a digital platform is made worse for users, in order to increase profits." However, it's colloquially come to describe more than just apps, platforms, or sites. It seems like everything these days is declining in quality just so those at the top can make a buck. Even worse, companies often frame it as "innovation" or pretend like the changes are a good thing. READ MORE