

AI isn’t taking jobs. Employers are pulling up the ladder.
Stanford economist Erik Brynjolfsson analysed the payroll records of millions of American workers. His conclusion: since the breakthrough of generative AI in late 2022, employment for 22- to 25-year-olds in AI-exposed occupations has fallen by around 13 per cent. Junior software developers, accountants, customer service staff. And the experienced professionals in the same occupations? Stable. Or even growing. Read that sentence again. AI isn’t replacing people. AI is replacin
6 hours ago


Blood is thicker than competence. And that, precisely, is the problem.
The mafia, too, is a family business. It is an observation the Financial Times deployed earlier this month, deliberately, to break the romance surrounding businesses held in family hands. The Trumps now run one as well, the United States, Professor Marco Becht of the Université Libre de Bruxelles added at a recent conference convened by IESE Business School in Barcelona and the European Corporate Governance Institute. Family-owned firms have purpose, patient capital and a lon
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