Fed's Kashkari says AI is causing a hiring slowdown in big companies

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Federal Reserve official Neel Kashkari suggests that the increasing use of AI in big companies is contributing to a hiring slowdown, citing concerns about job security.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

AI's rapid rise since OpenAI kickstarted the AI boom with ChatGPT's launch in 2022 has sparked concerns about safety and job security.

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Full article on CNBC
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Original article published by CNBC on January 5, 2026.
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