Keep pulling the thread on Andrew Yang.
In the last year, companies attributed approximately 55,000 layoffs to AI.
The unemployment rate for recent college graduates in the U.S. has risen to 5.6%, the highest level in over a decade, excluding the pandemic period.
A CEO of a publicly traded tech company privately told Andrew Yang they plan to fire 15% of their workers this year, another 20% in two years, and an additional 20% two years after that.
For the first time, spending on data center construction has surpassed spending on office building construction in the U.S.
The unemployment rate for college graduates in the U.S. is now higher than the rate for non-college graduates.
Anthropic CEO Dario Amadei has predicted that AI will eliminate 50% of entry-level white-collar jobs within the next five years.
During his 2020 presidential campaign, Andrew Yang proposed the "Freedom Dividend," a policy that would provide American adults with $1,000 per month.
Andrew Yang believes Donald Trump's 2016 presidential victory was caused by the automation of millions of manufacturing jobs in states like Pennsylvania, Wisconsin, Ohio, and Michigan.
The U.S. manufacturing industry experienced a net job loss last year.
Andrew Yang claims that some companies are engaging in "AI washing," publicly blaming AI for layoffs to conceal other business problems like overhiring.
Job placement rates for computer science graduates from some university programs have collapsed from as high as 94%.
Andrew Yang speculates that Oracle's recent layoffs of 30,000 workers will save the company $8 billion, which will be reinvested into its $50 billion AI and data center strategy.