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AI Threatens Jobs as US Tech Market Wavers

7/8/2025

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Story summary
  • The US stock market, driven by Big Tech, is at risk of recession despite AI-related optimism.
  • Unemployment rates for new college graduates are increasing as AI replaces entry-level positions.
  • Analysts forecast growth in S&P 500 tech earnings, but economic stability and tariffs raise concerns.
  • The effects of AI on job markets differ by industry, with certain roles more vulnerable to automation.