Tuesday, May 12, 2026

Yet another headline that pairs job loss with AI (Kevin Hassett Clown Show edition)


Top headline:  TUM Partners of Excellence, 12/5/2024
Bottom headline:  CNBC, 5/11/2026

CJ Haddad reports:
White House National Economic Council Director Kevin Hassett on Monday shrugged off any negative impact of artificial intelligence on employment, saying the emergent technology isn’t costing anyone their jobs right now. 
“There’s no sign in the data that AI is costing anybody their job right now, but we are studying the future of AI and what it means for the workforce, so we’ve got a big taskforce on that,” Hassett told CNBC’s “Squawk Box.” 
Hassett’s comments come amid a wave of tech layoffs, as companies like Amazon , Meta and Oracle have announced rounds of job cuts, with some emphasizing AI’s role in automating work and boosting productivity with lower headcounts[emphasis added]

Related posts:
May 2026
Meta 1984.  (5/11)
IA edition.  (5/8)
Freshworks.  (5/7)
Coinbase.  (5/7)

No comments: