News Summary

• BearingPoint survey of 1,000 plus global execs found half report 10 to 19 percent workforce overcapacity.
• Roles centered on routine analysis, process execution, transactional support, and repetitive knowledge work are becoming increasingly redundant.Within three years, all companies forecast at least 10 percent overcapacity, and 45 percent expect to manage 30-50 percent excess capacity, the report said.
• However, a Yale study from October claims that there's little evidence of jobs being lost due to AI so far, at least in the US.