Mary Daly

But from Stripe.

And interestingly, he said,

I am hiring more coders than I'm laying off.

But I am laying off coders whose technology skills didn't advance or they weren't the right workers.

And you're seeing this, right?

You're seeing businesses re-skill themselves to meet the AI moment.

And that's going to cause worker anxiety.

And right now, worker anxiety is high.

We're in a low-firing, low-hiring environment that's already going to make people feel vulnerable.

If you haven't found a job and you're newly minted out of college,

you just think, I was supposed to get a job before I graduated.

Now I still don't have one.

That's very worrisome to people.

And then if you're thinking, well, I might lose my job, but I don't know how long it will take to get another one, then you're worried about that.

So I think it's natural for the sentiment to feel nervous.

But it's not the same thing as AI is taking all the jobs, because what we're really seeing is AI is replacing tasks.

augmenting workers.

When we talk to firms, most of those firms are saying, I'm augmenting my workforce.

If you're in big manufacturing firms, they don't have enough workers that do skilled labor.

And so they're looking to augment their workforce.