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Stock impact report

CEO of Glassdoor and Indeed parent says AI is not replacing workers: ‘We're not seeing that kind of data at all' By Diane Brady Executive Editorial Director By Diane Brady Executive Editor...

Hyatt Hotels Corporation Class A (H) 
Last hyatt hotels corporation class a earnings: 2/19 04:30 pm Check Earnings Report
Company Research Source: Fortune
Hyatt Hotels CEO shares his “learner's mindset.” The markets: Down in Europe; up everywhere else Plus: All the news and watercooler chat from Fortune Good morning. As CEO of Recruit Holdings, the $23 billion-a-year parent of Indeed and Glassdoor, among others, Hisayuki “Deko” Idekoba thinks a lot about global labor markets. I spoke with him in Davos last week about what he's seeing in terms of hiring, firing and the risks for companies trying to leverage new technologies. Recommended Video The headlines for me? Only a small fraction of layoffs are directly attributed to AI so far . Yet perceptions among workers (especially Gen Z) are far more pessimistic, feeding distrust and “AI anxiety.” “People are screaming that AI is replacing people. That's totally not true. We're not seeing that kind of data at all,” he told me. (U.S. employment data and my conversations with other leaders reinforce that conclusion Tech layoffs are highly visible but represent a small sha Show less Read more
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