On the US Independence Day, July 4, President Donald Trump signed the "Big Beautiful" law. Most economists criticize the document for inflating the national debt and deficit, but there are those who hope for a positive effect from it. Another subject under discussion is AI and its impact on the labor market. Several top managers have predicted millions of job losses due to the development of artificial intelligence. Is this really the case?

"Trump's 'debt bomb', AI and the 'prize' for a degree: the main thing from economists' blogs

Microsoft Corporation

Meta Platforms, Inc.

Amazon.com, Inc.

As a result of layoffs in May and July about 15 thousand people will lose their jobs

#Cutting Costs: 2

"Trump's 'debt bomb', AI and the 'prize' for a degree: the main thing from economists' blogs

Microsoft begins second major wave of layoffs: forced by huge AI investment