Monday, September 14
Every time there’s fresh evidence of labor market softness, as with the July jobs report, an obvious question is raised about the health of the US economy. Now, increasingly, economists and employees are asking a second question: Are we seeing the impact of artificial intelligence on knowledge workers?There are plenty of signs that AI is making the job market tougher for young college graduates, but for the 22 million people with jobs that are categorized as professional and business services, wage growth has actually accelerated over the past year to levels solidly above pre-pandemic rates. This suggests that the state of the labor market for white-collar workers is best described as bifurcated — one where there are both winners and losers rather than one where most workers are worse
Airline ANA said Thursday that, together with a US start-up, it hopes to have electric "air taxis" whizzing over Japan from as early as 2027.ANA and California-based Joby Aviation said they will establish a joint venture with a view to deploying more than 100 of the five-seater aircraft.Flying taxies will "revolutionise our air mobility", Koji Shibata, president and CEO of ANA, said in a statement Tuesday. An ANA spokesman told AFP on Thursday that the aircraft, designed to carry a pilot and up to four passengers at speeds of up to 200 mph (320km/h), could be in service from as early as 2027.The project primarily envisages trips between Narita and Haneda airports and Tokyo, although the routes can diversify in the future. Currently, a car or train ride between central Tokyo and Narita typ
