Category: Business

BusinessEconomy and Trading

Jobless Growth Becomes New Normal as AI Reshapes Labor Market

Goldman Sachs economists identify “jobless growth” as the new labor market normal, where AI-driven productivity gains outpace hiring. This trend particularly impacts Gen Z and entry-level workers despite solid GDP growth.

The United States is experiencing a troubling new economic phenomenon that Goldman Sachs economists call “jobless growth” – a situation where robust GDP expansion coincides with stagnant hiring, creating particular challenges for Gen Z workers and recent college graduates. According to recent analysis by Goldman economists David Mericle and Pierfrancesco Mei, this pattern represents a fundamental shift in labor market dynamics that’s likely to persist throughout the mid-2020s.

The Anatomy of Jobless Growth

by Desai Priyanka
BusinessLeadership

** Fortune Most Powerful Women Asia 2025: CFOs from Huawei, ByteDance, Sony, Temasek Lead Business Influence

** Fortune’s Most Powerful Women Asia 2025 highlights 100 leaders, including CFOs from Huawei, ByteDance, Sony, and Temasek, who are leveraging regional and global volatility for strategic advantage. These executives drive finance and tech sectors with measurable impact and cross-border influence. Discover their roles in shaping Asia’s economic future. **CONTENT:**

Fortune’s Most Powerful Women Asia 2025 list showcases 100 influential leaders, including top CFOs from companies like Huawei, ByteDance, Sony, and Temasek, who are capitalizing on regional and global volatility to drive business success. Selected by Fortune editors for their strategic reach and capacity to shape industries, these women exemplify leadership in finance and technology. This year’s honorees, such as DBS CEO Tan Su Shan, who tops the list, navigate challenges like trade tensions and financial innovations, underscoring their pivotal roles in Asia’s evolving economic landscape.

by Desai Priyanka
Arts and EntertainmentBusiness

John Chambers AI Revolution: Why This Tech Shift Differs From Internet Era

Former Cisco CEO John Chambers argues artificial intelligence represents the most fundamental technology shift ever, moving faster and creating more disruption than the internet era. He provides a leadership playbook for thriving in the AI age while addressing unprecedented workforce challenges.

Few technology leaders have successfully navigated multiple historic shifts, but John Chambers stands apart after steering Cisco through the internet revolution and now championing the artificial intelligence transformation. The former CEO, who built one of technology’s most successful companies during the internet boom, believes AI represents a more fundamental change than any previous technological shift, including the rise of the internet itself.

Why AI Transformation Surpasses Previous Tech Revolutions

by Alvarez Jordan