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AI Is Crushing Young Workers’ Employment Prospects, Stanford Study Finds

Entry-level workers in AI-exposed occupations have seen employment drop 13% since late 2022, according to Stanford University research analyzing millions of payroll records. The decline affects software developers, customer service representatives, and administrative assistants aged 22 to 25, while employment for older workers in the same roles continued growing. The Read more…

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AI ‘Business Agents’ Will Kill SaaS by 2030, Says Microsoft

Traditional business applications will become the mainframes of the 2030s – functioning but obsolete systems replaced by AI agents, predicts Microsoft corporate vice president Charles Lamanna. AI agents featuring generative AI interfaces, goal-oriented processing, and vector databases will supplant today’s form-driven, workflow-based enterprise software within five years, said Lamanna, who Read more…