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Entry-level jobs will be a weak point in June jobs report, says Aura's Evan Sohn
CNBC Television· 2025-07-02 18:12
My next guest has uh compared to the rest of the world, the US labor market is outperforming even with all of these uncertainties that rage. Consumer demand he thinks is also resilient. Evans S is CEO of global workforce data and analytic company Aura Intelligence.Evan like 87 questions. I'll try to jam into just a few here. Um starting with and and Michael Caneritz was on at the top of the show saying he thinks any slowdown we're going to see on the jobs front is not necessarily a recessionary one.Um it so ...
The Week in AI: Mary Meeker Drops 340 Slides on the Revolution
AI Adoption and Infrastructure - User adoption of AI is experiencing exponential growth, similar to early internet adoption [1] - The infrastructure investment in AI, including capex from hyperscalers like Tesla, Meta, and OpenAI, is unprecedented, estimated at a $225 billion annual run rate [1] - Token costs (the cost to create a piece of data by AI) have collapsed, reflecting the deflationary nature of the technology [1] Enterprise AI and Open Source - Enterprise AI revenue growth is defying traditional SaaS gravity, with examples like Cursor growing from $1 million to $300 million in ARR in 25 months [1] - Open source AI models are exploding, with significant growth in platforms like Metlam and Hugging Face [1] Physical AI and Automation - Physical AI, particularly robotics, holds immense potential, with synthetic data being used to train robots, potentially including hundreds of millions of humanoid robots [1] - AI-powered systems are being used for large-scale automation, such as weeding 230,000 acres with drones and AI-powered lasers [1] Job Market and Monetization - AI job postings are up 448%, while traditional IT jobs are falling, indicating a significant shift in the job market [1] - Monetization models for AI are still broken, with companies like OpenAI having a $13 billion annual burn rate [1] AI's Transformative Potential - The next 26 billion internet users will be AI-first [1] - The AI revolution is compared to the impact of James Clerk Maxwell's discoveries in electromagnetism, suggesting a seismic transformation for science, technology, and economics [2]