Latest news with #LinkedIn
India Today
2 hours ago
- Business
- India Today
LinkedIn Cofounder Reid Hoffman says people are underestimating impact of AI on jobs, rejects bloodbath fears
Many professionals are worried about AI taking over jobs, especially in white-collar roles. However, LinkedIn co-founder Reid Hoffman believes that the fear of AI, particularly the panic over mass job losses, is all due to its exaggeration. Hoffman believes that while AI will certainly bring significant transformation to the job sector, there will be no bloodbath for white-collar made these comments in response to a statement by Anthropic CEO Dario Amodei during an interview with Fast Company. Amodei had told Axios that AI could lead to a dramatic overhaul of white-collar work. While Hoffman acknowledged that change is inevitable, he dismissed the idea that the rise of AI would spell catastrophe for is right that over, call it, a decade or three, it will bring a massive set of job transformations. And some of that transformation will involve replacement issues,' Hoffman said. He emphasised that the shift in jobs due to AI should not be confused with total job destruction. 'Just because a function's coming that has a replacement area on a certain set of tasks doesn't mean all of this job's going to get replaced.' To support his views, Hoffman pointed to the example of the launch of spreadsheet software like Excel. He highlighted that although Excel impacted the nature of accounting work, it did not eliminate the need for accountants. Instead, the accounting profession evolved and even expanded in scope. 'Everyone was predicting that the accountant job would go away. And actually, in fact, the accountant job got broader, richer,' he maintains a clear view that, in future, AI will assist humans rather than replace them entirely. He envisions a world of 'person plus AI doing things' as the most likely scenario going forward. Therefore, AI-powered tools like GPT-4, Claude, and Microsoft Copilot should be used to enhance departments — not eliminate them. He warns that trying to completely substitute humans with AI would be a serious mistake. 'Could I just replace, for example, my accountants with GPT-4? The answer is absolutely not. That would be a disastrous mistake.'The LinkedIn co-founder also pushed back against the notion that automation through AI would wipe out entire departments. 'Let's replace my marketing department or my sales department with GPT-4. Absolutely not,' he said, adding, 'that's nowhere close to a bloodbath.'However, Hoffman is not denying the potential for job replacement altogether. He acknowledges that some roles are more vulnerable — especially those that have already been reduced to scripted, mechanical tasks. 'What jobs are most likely to be replaced? They're the ones where we're trying to program human beings to act like robots.' Yet, even in such cases, Hoffman believes AI will not take over everything. Much will depend on how companies choose to implement AI in their workflows.
Hans India
2 hours ago
- Business
- Hans India
Reid Hoffman Downplays AI Job Loss Fears, Urges Focus on Human-AI Collaboration
LinkedIn co-founder Reid Hoffman has pushed back against growing anxiety over artificial intelligence (AI) and its impact on employment, especially among white-collar workers. In a recent conversation sparked by comments from Anthropic CEO Dario Amodei, Hoffman argued that while AI will indeed change the landscape of work, fears of an all-out "job bloodbath" are exaggerated. Amodei had earlier warned of AI driving a significant overhaul of white-collar jobs, raising concerns about the replacement of human roles. Hoffman, however, offered a more balanced perspective. 'Dario is right that over, call it, a decade or three, it will bring a massive set of job transformations. And some of that transformation will involve replacement issues,' he admitted. But he quickly clarified that this shift doesn't equate to widespread unemployment. 'Just because a function's coming that has a replacement area on a certain set of tasks doesn't mean all of this job's going to get replaced.' Hoffman pointed to historical parallels to support his view, citing the example of Microsoft Excel. When spreadsheet software was introduced, many feared it would render accountants obsolete. Instead, the field evolved. 'Everyone was predicting that the accountant job would go away. And actually, in fact, the accountant job got broader, richer,' he said. According to Hoffman, the future of work lies in symbiosis between humans and machines. He imagines a workplace where employees are empowered, not displaced, by AI tools such as GPT-4, Claude, and Microsoft Copilot. These technologies, he insists, should be used to enhance productivity, not eliminate human effort. 'Could I just replace, for example, my accountants with GPT-4? The answer is absolutely not. That would be a disastrous mistake,' Hoffman warned. Hoffman strongly cautioned against wholesale automation, particularly the idea of removing entire departments. 'Let's replace my marketing department or my sales department with GPT-4. Absolutely not,' he said. 'That's nowhere close to a bloodbath.' While Hoffman does acknowledge that some roles are at greater risk—especially those made up of repetitive or scripted tasks—he believes the potential for AI to replace such jobs has more to do with how businesses choose to deploy these technologies. 'What jobs are most likely to be replaced? They're the ones where we're trying to program human beings to act like robots,' he said. In conclusion, Hoffman remains optimistic about AI's role in the job market. Instead of viewing AI as a threat, he believes it should be seen as a powerful partner. 'Person plus AI doing things' is the model he champions — one where human judgment, creativity, and adaptability remain essential. As the debate around AI and jobs continues, Hoffman's call for cautious optimism and thoughtful implementation serves as a timely reminder: transformation does not have to mean elimination.
Time of India
3 hours ago
- Business
- Time of India
Amid rising layoffs in the IT sector, techie gives a reality check of the brutal job market. 'Many of us are stuck in a loop'
A tech graduate highlights the grim reality of India's developer job market, where freshers face shrinking opportunities and unrealistic experience demands. Skilled candidates are often overlooked, while networking and referrals become crucial for securing positions. Many are trapped in a cycle of upskilling with little return, as even in-demand skills don't guarantee success without connections or a top-tier education. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads A young software enthusiast recently opened up about the daunting reality of trying to secure a decent developer job in India. Posting in the Indian Workplace subreddit, the tech graduate painted a bleak picture of the current hiring landscape—especially for freshers and junior individual explained how landing a respectable job in development has become increasingly difficult. The market is overflowing with candidates, while job opportunities—particularly for beginners—are shrinking. What's more discouraging is that many entry-level roles now demand three or more years of prior experience, leaving fresh graduates stranded before even starting. The interview process adds another layer of anxiety, being not only inconsistent but often opaque and seemingly pointed out how many skilled peers—those with impressive project portfolios, strong data structure and algorithm expertise, and even internships—get ignored without explanation. At the same time, others manage to grab offers through internal recommendations or sheer luck. He emphasized how rare genuine fresher openings have become, and even off-campus drives are dominated by selection platforms with unreasonably tough screening he mentioned, frequently cut off communication without warning, while large corporations stretch their hiring decisions for months. LinkedIn, once considered a lifeline for job seekers, has now turned into a platform full of empty promises and automated replies that never lead anywhere. Many aspiring developers are caught in an exhausting cycle of unpaid work, misleading hopes, and relentless upskilling that often bears little after learning multiple in-demand technologies—like React, Python, Java, and SQL—the return on investment is disappointingly low unless you're part of a top-tier engineering institution or have strong personal connections in the industry. Without one of these key advantages, candidates often feel response, several Reddit users shared their own experiences. One revealed they only got hired after a senior from college gave them a referral, despite having applied to more than 100 companies. Another mentioned the intense level of preparation now required to be considered—a mix of daily practice on coding platforms like LeetCode, learning system design, and managing long working users pointed out that most jobs in the services sector don't involve true development work but rather maintenance and tool-based tasks. Others stressed the importance of networking, arguing that building personal connections is one of the few ways to break through in this economy. With risk-averse hiring managers often choosing familiar candidates, networking has become more essential than ever for job seekers.
India.com
5 hours ago
- Business
- India.com
You Thought Rs 70 LPA Salary Was Massive? Banker Explains If You Have A Home Loan Then...
New Delhi: A LinkedIn post by investment banker Sarthak Ahuja has gone viral for showing how even a big salary—Rs 70 lakh per year—doesn't guarantee comfort in India's metro cities. He explains that after taxes (about Rs 20 lakh), the take-home pay is roughly Rs 4.1 lakh per month. Out of this, fixed costs eat up most of the money: Rs 1.7 lakh for a home loan EMI (for a Rs 3 crore flat) Rs 65,000 for a car loan EMI Rs 50,000 for international school fees Rs 15,000 for domestic help After these, only about Rs 1 lakh is left for everything else—groceries, fuel, electricity, medical bills, eating out, shopping, and saving for holidays. This means that even high earners are left with little by month-end. Ahuja lists three main reasons for this squeeze: Rapid inflation in cities like Mumbai, Gurugram, and Bengaluru Housing and car prices rising much faster than salaries Social media pushing people to spend more to keep up with others He calls this group the new 'sub-middle class'—people who look rich on paper but feel financially stuck. His advice: don't take a home loan unless you really need to. Many professionals agreed with his post, saying they face the same struggles.
News18
6 hours ago
- Health
- News18
Another Indian Student Dies In Canada, Consulate Extends Support
Last Updated: Tanya Tyagi, an Indian student studying at the University of Calgary in Canada, died under unclear circumstances. An Indian student studying at the University of Calgary died under mysterious circumstances, according to the Indian Consulate General in Vancouver on Thursday. The student was identified as Tanya Tyagi, who moved to Canada for higher studies. 'We are saddened by the sudden demise of Ms. Tanya Tyagi, an Indian student at University of Calgary," the Consulate said. 'The Consulate is in touch with the authorities and will provide all required assistance to the bereaved family. Our heartfelt condolences & prayers are with his family & friends of the deceased," it added. We are saddened by the sudden demise of Ms. Tanya Tyagi, an Indian student at University of Calgary. The Consulate is in touch with the authorities and will provide all required assistance to the bereaved family. Our heartfelt condolences & prayers are with his family & friends…— India in Vancouver (@cgivancouver) June 19, 2025 An unverified account on X claimed Tyagi had suffered a heart attack and urged Prime Minister Narendra Modi to bring her body to India."Tanya Tyagi, a student from Northeast Delhi residing at 559/11D, Lane No 12, Vijay Park, had gone to Canada for studies. She died on June 17, 2025,due to a heart student's family has appealed to PM Modi for help in bringing her body back." 'The family doesn't know who to contact to bring the body back from Canada, so they've appealed to @PMOIndia @narendramodi @DrSJaishankar," it added. As the Canadian authorities have not yet released an official statement, the exact cause of her death remains unknown. According to Tyagi's LinkedIn page, she was pursuing her Master's in Food Safety and Quality in Canada. She had completed her Bachelor of Technology at Jaypee Institute of Information Technology. As part of her professional experience, she had worked as a business development intern in DP Jindal Groups, a quality control intern in Enviro Lab and a market research associate in Jasper Colin Research. She also worked as a quality assurance intern at Zippy Edible Products Pvt Ltd and a retail sales manager at Metro Mart Store. Indian Student Deaths Abroad This came nearly two months after another student, identified as 21-year-old Vanshika Saini, was found dead under mysterious circumstances in Canada's Ottawa after going missing since April 25. Vanshika's body was reportedly found near a beach after a hunt. Prior to that, Harsimrat Randhawa, a 21-year-old Indian student, was killed in Canada after she was fatally struck by a stray bullet after shots were fired by a car occupant, as she was waiting at a bus stop on her way to work. A high-profile case emerged in March as Sudiksha Konanki, a 20-year-old University of Pittsburgh student from India, who went missing during a spring break trip to the Dominican Republic. Konanki was a citizen of India and a permanent resident of the United States. According to sources, she disappeared while walking on the beach at a hotel in Punta Cana, La Altagracia province, east of the Dominican Republic. She was last seen on March 6, 2025, at 4:50 am on the beach of the Riu Punta Cana Hotel, according to Spanish media eports. The parents of Sudiksha Konanki have requested the Dominican Republic police to declare her dead, as per a US media report. She was last seen with Joshua Riibe, who was not originally part of Konanki's group but met them later in the resort town. First Published: June 20, 2025, 10:14 IST
