Connect with us

Business

Down Arrow Button Icon

Published

on



You’re not imagining it: The AI job squeeze isn’t some future apocalypse, it’s already quietly underway. 

Professor Yoshua Bengio spent four decades building the technology that is now coming for your job. He is a computer science professor at the Université de Montréal, a Turing Award winner, and one of the most-cited scientists in the world on Google Scholar—and now he’s turned his back on his life’s work to warn that your job is probably already under threat. 

Desk jobs, or as Bengio called them, “cognitive jobs, the jobs that you can do behind a keyboard,” will be the first casualties of automation. 

“It’s just a matter of time,” the AI pioneer stressed on Steven Bartlett’s Diary of a CEO podcast.

“Unless we hit a wall scientifically, like some obstacle prevents us from making progress to make AIs smarter and smarter, there’s going to be a time when they’ll be doing more and more, able to do more and more of the work that people do … And then, of course, it takes years for companies to really integrate that into their workflows, but they’re eager to do it. So it’s more a matter of time than, is it happening or not?”

And he admitted that it’s Gen Z new-hires who are currently being hit hardest by AI, as junior roles are the easiest to cut, consolidate, or backfill with software—but eventually everyone’s jobs will be impacted within five years.

It’s not just office jobs that are at risk; even trade jobs and democracy itself are threatened 

For years, degrees were pushed as the key to success for the young and aspirational looking to nab well-paying and stable jobs. But now, even highly educated students are finding themselves “unemployable” as employers launch a “wait-and-watch strategy” in the midst of AI. Graduates in the U.K. are facing the worst job market since 2018. And companies like Intel, IBM, and Google have been freezing thousands of would-be new roles that AI is expected to take over in the next five years.

But it’s not just a blip or a reflection of the current economy, Bengio warned. As more firms lean on AI and eventually robots, too, the technology will only get smarter, he said. 

“As companies are deploying more and more robots, they will be collecting more and more data. So eventually, it’s going to happen,” Bengio said when asked whether AI will be able to wipe out all work. Even young people trying to outsmart automation by ditching degrees or upskilling into trade jobs are destined for the same dead end.

“So if you do a physical job—as Geoffrey Hinton is often saying, you should be a plumber or something—it’s going to take more time [for AI to replace your job], but I think it’s only a temporary thing.” 

Now, knowing the devastation AI could cause, Bengio said he regrets his life’s work. 

“I should have seen this coming much earlier, but I didn’t pay much attention to the potentially catastrophic risks,” the 61-year-old admitted. “But my turning point was when ChatGPT came, and also with my grandson, I realized that it wasn’t clear if he would have a life 20 years from now, because we’re starting to see AI systems that are resisting being shut down.”

He’s since founded LawZero, a nonprofit organization focused on building safe and human-aligned AI systems. But at the current rate of change, his warning is clear: It’s not just jobs, even democracy could collapse in as little as two decades.

His message for CEOs? “Step back from your work. Talk to each other, and let’s see if together, we can solve the problem. Because if we are stuck in this competition, we’re going to take huge risks that are not good for you, not good for your children.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.



Source link

Continue Reading

Business

Epstein files: Congressmen say massive blackout doesn’t comply with law and ‘exploring all options’

Published

on



The Justice Department’s extensive redactions to the Jeffrey Epstein files on Friday don’t comply with the law that Congress passed last month mandating their disclosure, according to Rep. Ro Khanna.

The California Democrat and Rep. Thomas Massie, R-Ky., led the effort on the legislation, which required that the DOJ put out its entire trove of documents by today.

But he blasted the document dump and singled out one file from a New York grand jury where all 119 pages were blacked out.

“This despite a federal judge ordering them to release that document,” Khanna said in a video posted on X. “And our law requires them to explain redactions. There’s not a single explanation. That entire document was redacted. We have not seen the draft indictment that implicates other rich and powerful men who were on Epstein’s rape island who either watched the abuse of young girls or participated in the abuse of young girls in the sex trafficking.”

He said Attorney General Pam Bondi has been “obfuscating for months” and called the files on Friday “an incomplete release with too many redactions.”

The Justice Department didn’t immediately respond to a request for comment.

In a separate X post, Massie agreed with Khanna, saying the DOJ “grossly fails to comply with both the spirit and the letter of the law” that President Donald Trump signed last month.

Deputy Attorney General Todd Blanche told Congress that the Justice Department had identified 1,200 victims of Epstein or their relatives and redacted materials that could reveal their identities, according to the New York Times.

Earlier on Friday, Blanche told Fox News that “several hundred thousand” pages would be released on Friday. “And then, over the next couple of weeks, I expect several hundred thousand more,” he added.

“Thomas Massie and are exploring all options,” Khanna warned. “It can be the impeachment of people at Justice, inherent contempt, or referring for prosecution those who are obstructing justice. We will work with the survivors to demand the full release of these files.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.



Source link

Continue Reading

Business

The Epstein files are heavily redacted, including contact info for Trump, celebs, and bankers

Published

on



The highly anticipated Epstein files have so far landed with a thud as page after page of documents have been blacked out, with many nearly totally redacted.

While hundreds of thousands of documents have been released so far on the Justice Department’s site housing the information, there isn’t that much to see.

“Simply releasing a mountain of blacked out pages violates the spirit of transparency and the letter of the law,” Senate Minority Leader Chuck Schumer said in a statement. “For example, all 119 pages of one document were completely blacked out. We need answers as to why.”

That appeared to refer to a document titled “Grand Jury NY.” 

The data dump came late Friday, the deadline that Congress established last month for disclosing the trove of files, though other documents had already been released earlier by the DOJ, Congress and the Epstein estate.

One document listed thousands of names with their contact information redacted, including Donald Trump as well as Ivana and Ivanka Trump.

Numerous celebrities were also in that document, such as Rolling Stones singer Mick Jagger and the late pop idol Michael Jackson, who also appeared in photos with Epstein.

Former Senators John Kerry and George Mitchell were on the list as were Jes Staley, a former JPMorgan and Barclays executive, and Leon Black, a cofounder and former CEO of Apollo Global Management.

Appearing in the files doesn’t necessarily imply any wrongdoing as Epstein mingled in wider social circles and was ofter asked for charitable donations.

But Staley said he had sex with a member of Epstein’s staff, and Black was pushed out of Apollo over his Epstein ties, which Black maintains were for tax- and estate-planning services.

Numerous hotels, clubs and restaurants are listed too, plus locations simply described as “massage.” Banks included the now defunct Colonial Bank as well as Bear Stearns and Chemical Bank, which both eventually became part of JPMorgan.

Other entries fell under country categories like Brazil, France, Italy and Israel. Former Israeli prime ministers Ehud Olmert and Ehud Barak were on the list.



Source link

Continue Reading

Business

Epstein files: Trump, Clinton, Summers, Gates not returning any results in search bar

Published

on



The Justice Department released a massive trove of files related to the late sex trafficker Jeffrey Epstein on Friday, but the site housing the information was failing to turn up any results.

The data dump came on the deadline that Congress established last month for disclosing the highly anticipated information, though a top Justice official suggested that not all the documents would come out at once with more due in the coming weeks.

While President Donald Trump, former President Bill Clinton, former Treasury Secretary Larry Summers, Microsoft cofounder Bill Gates and scores of other powerful men have been linked to Epstein, their names failed to come up in a search of DOJ’s “Epstein Library.”

“No results found. Please try a different search,” the site says after queries for their names.

The site adds that “Due to technical limitations and the format of certain materials (e.g., handwritten text), portions of these documents may not be electronically searchable or may produce unreliable search results.”

However, Clinton also appears in photos that were released as does the late pop singer Michael Jackson. Other records were heavily redacted.

Deputy Attorney General Todd Blanche told Congress that the Justice Department had identified 1,200 victims of Epstein or their relatives and redacted materials that could reveal their identities, according to the New York Times.

Last month, an overwhelmingly bipartisan vote in Congress produced legislation to force the Trump administration to release the DOJ files, though emails and photos from Epstein’s estate had already come out.

One of the sponsors of that legislation, Rep. Ro Khanna, warned on Friday that if DOJ doesn’t show that it’s complying with the law, Congress could hold impeachment hearings for Attorney General Pam Bondi and Blanche.

Earlier on Friday, Blanche told Fox News that “several hundred thousand” pages would be released on Friday. “And then, over the next couple of weeks, I expect several hundred thousand more,” he added.

This story was originally featured on Fortune.com



Source link

Continue Reading

Trending

Copyright © Miami Select.