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A recent data chart has sparked a lot of reflection—how exactly is artificial intelligence reshaping the labor market?
The phenomenon is quite clear: the number of business applications is surging, especially in the area of internet sales. This should be good news, but the U.S. Census Bureau has decided to remove these types of business applications related to internet sales from the "high-potential" category that generates payroll.
The key issue here is—AI has indeed spurred a wave of startups, no doubt about that. But a closer look at the data reveals that these new companies are not significantly boosting employment as they used to. In other words, there are more companies, but the actual creation of job opportunities is shrinking. What does this reflect? It could be an increase in automation, or it could be that the human resource demand patterns of startups have fundamentally changed.