Absolutely, Prof! 💯 had shared something similar.. https://t.co/KTY7RgsDkq
— WSB News (@NewsFromWSB) February 23, 2026
Anthropic’s top exec answers why Anthropic is hiring engineers when ‘Claude Code is writing 100% of code’; says: Engineering is….
Widespread corporate layoffs and hiring freezes tied directly to AI disruption.
For the first three years of the ChatGPT era, generative AI’s upside held the limelight as megacap tech stocks carried the S&P 500 to lavish gains. The downside of artificial intelligence — broad job displacement — looked like a day over the horizon. Now that day of AI jobs reckoning has arrived, seemingly out of nowhere.
Investors suddenly are treating AI jobs destruction and industry disruption as clear, if not quite present, dangers. Wealth managers and commercial real estate and are among the industries rocked by stock sell-offs based on AI-enabled competition and a potential future with far fewer office workers.
Fear has spiked despite apparent improvement in incoming jobs data. The Federal Reserve upgraded its view of the labor market on Jan. 28. Meanwhile, rate-cut odds fell after the Feb. 11 jobs report showed much stronger hiring in January.
Yet growing evidence suggests that the AI jobs impact has reached an inflection point. The unemployment rate for recent college graduates had already climbed to a 12-year high, excluding the pandemic, in the fourth quarter.
https://www.investors.com/news/economy/ai-jobs-inflection-what-it-means-for-sp-500-fed-you/