Economics
A Commission to Study What Is Already Happening
Congress is creating a panel to figure out what AI will do to workers. The displacement has been underway for months.
Economics
Meta's AI Math: What 14,000 Jobs Buy in Compute
Mark Zuckerberg announced on April 23 that Meta would cut approximately 8,000 employees — about 10% of its global workforce — and close around 6,000 open roles, for a total headcount reduction of roughly 14,000 positions beginning May 20. The company's 2026 capital expenditure guidance, issued in
Economics
The Ladder Disappears Before You Reach the Rungs
Brookings found 11 million non-degree workers in AI-exposed Gateway occupations — the roles that built 23 million upward transitions over the past decade. The question isn't just whether those jobs survive. It's whether the sequences do.
Economics
The Fed Is Watching Now: What Washington's First AI Adoption Monitor Actually Measures
The same economy produces 18%, 41%, and 78% AI adoption figures simultaneously. All three are correct. A new Federal Reserve note explains why — and reveals the measurement blind spot: agents don't appear in any of the three surveys.