LinkedIn data show that AI is not simply replacing jobs but also creating new opportunities, with over a million roles emerging globally, reshaping skills, hiring trends, and the future of work.
While AI isn't currently responsible for the hiring slowdown, a LinkedIn representative warned that the technology is rapidly changing the nature of work itself.
According to LinkedIn’s data, AI may not be the reason hiring has slowed down. Blake Lawit, the chief global affairs and legal officer at LinkedIn, recently spoke at the Semafor World Economy summit. He said the company’s internal data shows that hiring has dropped by around 20 percent since 2022. He made it clear that AI does not appear to be the main cause.
“At LinkedIn… we have an economic graph which is over a billion members. We’ve got companies, jobs, skills. It’s really an amazing real-time view of what’s happening in the labor market. And we’ve looked — because everyone wants to know the answer to this question: Is AI impacting jobs right now? We’ve looked and, honestly, we haven’t seen it,” he said.
Lawit suggested that higher interest rates are likely the primary reason behind the slowdown in hiring, according to TechCrunch.
“We have not seen the sort of impacts that you would expect to see in areas that everyone is talking about AI… like industries, whether or not it’s customer support, or administrative, or marketing- all these places that if we were seeing impacts (from) AI that’s where it would be,” Lawit continued. He added, “Yes, hiring’s down, but not down more.”
Lawit noted that in recent years, the skills needed for the average job have changed by 25 percent. With AI growing fast, LinkedIn expects that number to reach 70 percent by 2030. “So, even if you’re not changing jobs, your job’s changing on you,” he said.
He also pointed out that young college graduates looking for their first jobs are not experiencing a steeper decline than mid-career or senior professionals.
Is artificial intelligence taking away jobs? This is a question many people are asking as AI tools become more common in the workplace.
According to LinkedIn’s analysis, the skills required for the average job have already shifted by 25% over the past few years. With the continued rise of AI, the company predicts that this figure will reach a staggering 70% by 2030.
“So, even if you’re not changing jobs, your job’s changing on you,” Lawit said.