AI is here. Where are the new, better jobs?

Marketplace

American Public Media

Business, News

4.6 • 8K Ratings

🗓️ 28 October 2025

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Amazon and Chegg both announced layoffs this week; Chegg says AI competition was a factor, and Amazon’s CEO alluded to AI-related job cuts earlier this year. History tells us when a new technology comes along and totally overhauls society (think, the steam engine), we end up with new, better jobs. So … why have we only heard about AI-related job elimination? Later in the episode: Wayfair bucks home goods trends, consumer confidence stays sorta glum, and schools struggle without pandemic-era universal free lunch funds.

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Transcript

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0:00.0	Marketplace is supported by Bitwarden, a password manager for business designed to help turn end-of-year IT budgets into long-term enterprise security success.
0:11.3	Learn more at Bitwarden.com.
0:13.2	We're going to do jobs today, and it's not going to be great.
0:18.1	From American Public Media, this is Marketplace.
0:27.6	Marketplace is supported by Progressive Insurance, helping protect a wide variety of small
0:32.4	businesses with over 30 customizable coverage options to choose from.
0:36.3	It's small business protection that won't break the bank.
0:39.1	Online quotes available at progressive commercial.com.
0:42.6	And by the Financial Times.
0:44.5	From finance to climate to technology, the FT reports on the issue shaping business,
0:49.7	government, and societies across the globe.
0:52.4	Source FT, more at FT.com.
0:56.1	And by Solidime.
0:57.6	Today's AI ambitions require a different approach to storage.
1:01.1	Solidime offers solid-state storage solutions optimized for AI
1:04.7	with higher capacities, greater speed, and energy efficiency.
1:08.9	StorageforAI.com.
1:17.2	Thank you. speed and energy efficiency. Storage for AI.com. I'm Kyle Rosed all. It is Tuesday, today, the 28th of October. It is always to have you along,
1:23.0	everybody. We begin today with news of the American labor market, some not so happy news, I'm afraid.
1:30.8	Amazon said today it's laying off 14,000 corporate workers, the first slice of what's expected to be 30,000 white-collar layoffs in all.
1:39.3	The online education company Chegg said yesterday, it's cutting 45% of its remaining workforce. That's after
1:45.4	cutting 20% of it earlier this year. Companies, as you know, lay people off all the time for all
	...

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