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AI Job Growth includes ChatGPT-Fueled Surge Amid Overall Employment Slowdowns

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DeepSeek to Accelerate Trend Across Industries, According to UMD-LinkUp AI Maps

COLLEGE PARK, Md., Feb. 3, 2025 /PRNewswire/ — Since ChatGPT’s late-2022 launch, AI job postings in the United States “have ramped up dramatically, from 29,509 in Q4 2022 to 49,577 in Q4 2024, an uptick of 68 percent,” according to new analysis at UMD-LinkUp AI Maps, the world’s first tool for mapping the creation of jobs requiring artificial intelligence skills and co-produced by researchers at the University of Maryland’s Robert H. School of Business.

The findings are the subject of the white paper “Diffusion of AI Jobs Across Economic Sectors.”

In the same period, all U.S. job postings overall declined by 17 percent. “While this decline does not suggest that companies are employing fewer people, it does suggest that companies are hiring new staff at a slower pace,” write the researchers, co-led by Smith’s Anil K. Gupta, Michael Dingman Chair and professor of Strategy, Globalization and Entrepreneurship.

“Our data are consistent with a broader softening in the labor market,” they add, citing a recent Minneapolis Fed report that “the unemployment rate is unequivocally on the rise, from a historic low of 3.4 percent in 2023 to 4.3 percent in July 2024.” It is also notable that “the decline in IT job postings is much starker”—from 354,070 in Q4 2022 to 258,706 in Q4 2024, a decrease of 27%.

The researchers identify AI jobs as those requiring AI skills, while IT jobs comprise a broad group of computer- and math-related occupations.

Given the divergent upward trend for AI job postings, “there is clear evidence of a strong ChatGPT effect,” the researchers write.

And moving forward, “the DeepSeek phenomenon will accelerate these trends,” adds Gupta. “Irrespective of what happens with DeepSeek, its emergence has vindicated with full force Mark Zuckerberg’s bet on open-source LLMs.”

He explains: “As open-source models keep gaining share, the market for foundation models will become commoditized and their costs and prices will decline. This will lead to an even faster deployment of AI technology in every industry, be it software development, technical services, banking, insurance, manufacturing or agriculture.”

While it’s a bit early for this effect to show up in job postings data, Gupta adds, “we anticipate seeing these numbers over the next few months.”

Sector-Level Analysis

On the key measure of AI Jobs Intensity (i.e., share of postings for AI jobs versus for all jobs), three sectors stand out: “information” (at 3.24 percent), “professional, scientific, and technical services” (at 2.40 percent), and “finance and insurance” (at 1.54 percent). As a benchmark, the AI Jobs Intensity for the U.S. economy as a whole is 0.72 percent. According to Gupta, “the reason is very clear, in these three sectors, all work is knowledge work, and thus amenable to augmentation or substitution by AI.”

The contrast with two sectors at the other extreme is stark. Together, “health care and social assistance” and “accommodation and food services” account for 28 percent of all job postings, but only 1.5 percent of AI job postings. The AI Jobs Intensity of these two sectors is 0.05 percent or lower. Why? Because these two sectors require highly complex physical work, not yet amenable to AI or robotics.

Professional, Scientific, and Technical Services. The latest findings show “dramatic growth” in the AI job-postings share of the “professional, scientific, and technical services” sector in the overall U.S. economy – from 13.5 percent in 2018-Q1 to 24.0 percent in 2024-Q4. Gupta explains: “While practically all sectors of the economy have embraced AI, it appears that many companies in the historically less digitized sectors have chosen to outsource their AI expertise to consulting firms. These include the likes of Accenture, Deloitte, EY, PwC, Booz Allen, and others which belong to this sector.”

Information. “Software publishers” dominate this sector, accounting for over 43 percent of all job postings in the sector. This subsector’s share of AI job postings is even larger – 62 percent.

Manufacturing. Within the vast and diverse “manufacturing” sector, the “computer and electronic products” subsector vastly outshines the other manufacturing subsectors. This subsector accounts for 46 percent of AI job postings in the sector, even though its share of all job postings is only 15 percent.

Finance and Insurance. Since the launch of ChatGPT in 2022-Q4, AI postings increased sharply by 62 percent versus a very sharp 33 percent decline in IT postings. As in the other sectors, here as well, there is strong evidence that companies are investing in AI jobs at the expense of more general IT jobs. In terms of AI Jobs Intensity, the three main subsectors – “insurance carriers,” “commercial banking,” and “investment banking” – quite similar.

Retail. Unlike the “information” sector, “retail” employs vast numbers for mostly physical work in brick-and-mortar outlets and in fulfillment centers for purely online retailers, like Amazon’s retail business. Thus, the AI Jobs Intensity of this sector trails that for the US economy. However, this sector’s AI-to-IT jobs intensity is significantly higher than for the U.S. economy. On this measure, Walmart’s numbers are close to those for Amazon retail (18.45% versus 22.66%) and way ahead of all other retailers (at 8.98%). “These data reflect Walmart’s very aggressive investments in AI, including at its technology hubs in Silicon Valley and India,” Gupta says.

UMD-LinkUp AI Maps is published in partnership with job-data firm LinkUp (a subsidiary of GlobalData PLC) and consulting firm Outrigger Group. Smith School researchers joining Gupta in the project are Dean’s Professor of Information Systems Siva Viswanathan, Associate Professor of Information Systems Kunpeng Zhang and doctoral student Hanwen Shi.

Contact: Greg Muraski at gmuraski@umd.edu

View original content:https://www.prnewswire.com/news-releases/ai-job-growth-includes-chatgpt-fueled-surge-amid-overall-employment-slowdowns-302366586.html

SOURCE University of Maryland’s Robert H. Smith School of Business

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East Side Games Group to Announce Fourth Quarter 2024 Financial Results

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VANCOUVER, BC, March 17, 2025 /CNW/ – East Side Games Group (TSX: EAGR) (OTC: EAGRF) (“ESGG” or the “Company”), Canada’s leading free-to-play mobile game group, will release its fourth-quarter and year ended December 31st, 2024 financial results, business outlook, and a summary video on its investor relations website at https://eastsidegamesgroup.com/investors/financial-information/ on Monday, March 24th, 2025, at approximately 2:00 p.m. Pacific Time.

Questions can be submitted to IR@eastsidegamesgroup.com.

ABOUT EAST SIDE GAMES GROUP

East Side Games Group is a leading free-to-play mobile game group, creating engaging games that produce enduring player loyalty. Our studio groups entrepreneurial culture is anchored in creativity, execution, and growth through licensing of our proprietary Game Kit software platform that enables professional game developers to greatly increase the efficiency and effectiveness of game creation in addition to organic growth through a diverse portfolio of original and licensed IP mobile games that include: The Office: Somehow We Manage, Star Trek: Lower Decks – The Badgey Directive, Doctor Who: Lost in Time, RuPaul’s Drag Race Superstar, Trailer Park Boys Grea$y Money, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, AEW: Rise to the Top and Power Rangers: Mighty Force. We are headquartered in Vancouver, Canada and our games are available worldwide on the App Store and Google Play. For further information, please visit: www.eastsidegamesgroup.com and join our online community at LinkedIn.

Additional information about the Company is available under East Side Games Group at www.sedar.com.

Forward-looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the proposed transactions described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company’s control. These forward-looking statements are made as of the date of this news release.

SOURCE East Side Games Group Inc.

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Health in Tech Expands Executive Team to Drive Growth and Innovation

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Dustin Plantholt appointed Chief Growth OfficerChris Kurtenbach appointed Chief Operating Officer(Jonathan) Del Lockett appointed Chief Strategy OfficerJenni Guerrica appointed Chief Information Security Officer

STUART, Fla., March 17, 2025 /PRNewswire/ — Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, today announced key executive appointments to fuel growth, expand market opportunities, and drive innovation in the self-funded healthcare industry. These executive appointments mark a pivotal step in the company’s strategy to strengthen its operational capabilities, scale its technology-driven solutions, and reinforce its position as a disruptor in the industry.

“These executive appointments underscore our commitment to driving innovation, enhancing scalability, and accelerating market expansion,” said Tim Johnson, CEO of Health in Tech. “Each of these leaders brings deep expertise and a proven track record in driving business transformation, high-growth strategies, and operational excellence. Their diverse backgrounds in insurtech, underwriting, cybersecurity, and market expansion will elevate our platform, optimize efficiency, and continue to deliver groundbreaking solutions that redefine self-funded healthcare.”

Dustin Plantholt Appointed Chief Growth Officer

Dustin Plantholt has been named Chief Growth Officer, effective March 2025, succeeding Glenn Hillyer, who has been appointed Senior Vice President of Sales Partner Relations.

In this role, Plantholt will lead business expansion, innovation, and strategic partnerships to drive the company’s next phase of growth. With over 20 years of experience in insurance, emerging technology, and media, Plantholt has successfully built, scaled, and exited multiple companies, with a strong focus on sustainability and disruptive innovation.

Plantholt has served as Chief Executive Officer at BlockBuzz Inc., a strategy, media and partnership advisory company, since November 2018. Previously, he served as Chief Executive Officer at Life’s Tough Media from July 2019 to June 2023, Senior Editor at Forbes Monaco from September 2021 to February 2023, Executive Vice President at Optimed Health, Inc. from September 2017 to November 2018, and Chief Sales & Marketing Officer at Evergreen Health, Inc. from October 2016 to September 2017.

Chris Kurtenbach Appointed Chief Operating Officer

Chris Kurtenbach has been appointed as its Chief Operating Officer (COO), effective March 2025. Kurtenbach previously served as the company’s Senior Vice President of Operations from November 2024 to March 2025. In his new role, he will oversee claims, enrollment, underwriting, data analytics, and operational efficiency. Kurtenbach brings over 30 years of experience in operations, customer service, and process improvement across multiple industries. He has proven track record in building high performing organizations through a “roll-up my sleeves technique,” diving into the details and understanding the strengths and weaknesses of the teams, the systems and the processes.

Kurtenbach is an industry veteran with over 30 years of experience senior leadership roles leading various product and business functions in diverse companies. Prior to his role at HIT, he served as the VP of Service and Operations at BCS Financial Corporation, a company that provides a wide range of insurance and financial solutions for Blue Cross and Blue Shield organizations and commercial partners nationwide, from October 2017 to November 2024, Senior VP at LifeWatch, an ambulatory cardiac monitoring service, from May 2016 to August 2017, and VP of Operation and VP of Business and Product Operations at AIM Specialty Health (now Carelon Medical Benefits Management Inc.), a medical benefits management service, from June 2012 to May 2016.

(Jonathan) Del Lockett Appointed Chief Strategy Officer

Formerly Chief Operating Officer, (Jonathan) Del Lockett is transitioning to Chief Strategy Officer, where he will oversee new business development, SaaS innovation, and market expansion.

As Health in Tech continues to refine its technology-driven offerings, the company is placing a stronger emphasis on long-term business strategy and product innovation. Lockett’s transition into this role reflects the company’s commitment to leveraging his deep industry expertise to drive the next phase of growth. His background in managing general agency (MGA), TPA, and captive health insurance uniquely positions him to identify and implement strategic initiatives that enhance Health in Tech’s market positioning.

Jenni Guerrica Appointed Chief Information Security Officer

Health in Tech is also announcing the promotion of Jenni Guerrica to Chief Information Security Officer, effective March 2025, recognizing her outstanding leadership in cybersecurity, risk management, and regulatory compliance.

Jenni Guerrica is an accomplished cybersecurity executive with over 20 years of experience in the field. Guerrica previously served as the VP of Information Security & Compliance at Health In Tech from October 2022 to March 2025. Prior to that, she served as a Security Architect at Allegiant Air, an airline focused on serving leisure traffic from small and medium-sized cities, from November 2015 to September 2022. In these roles, she gained invaluable expertise in regulatory compliance, with a particular focus on Sarbanes-Oxley (SOX) requirements. Guerrica’s deep understanding of regulatory frameworks, combined with her ability to design and implement robust security architectures, has enabled her to safeguard complex digital environments while maintaining high standards of compliance.

Use of Forward‑Looking Statements

Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about Health In Tech’s possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as “may,” “will,” “should,” “design,” “target,” “aim,” “hope,” “expect,” “could,” “intend,” “plan,” “anticipate,” “estimate,” “believe,” “continue,” “predict,” “project,” “potential,” “goal,” or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to Health In Tech’s future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause Health In Tech’s actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond Health In Tech’s control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Health In Tech’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to Health In Tech’s operations, results of operations, growth strategy and liquidity.

About Health In Tech

Health In Tech (Nasdaq: “HIT”) is an Insurtech platform company backed by third-party AI technology, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Learn more at healthintech.com.

Investor Contact

Investor Relations:
ir@healthintech.com

View original content:https://www.prnewswire.com/news-releases/health-in-tech-expands-executive-team-to-drive-growth-and-innovation-302403556.html

SOURCE Health In Tech

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BGV Unveils A Comprehensive Playbook for Founders Building Human-Centric AI Startups

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This first-of-its-kind resource offers a comprehensive guide for startup founders navigating the challenges and opportunities of creating AI-driven, human-centric businesses in the next wave of enterprise innovation
 

MENLO PARK, Calif., March 17, 2025 /PRNewswire/ — BGV, the Silicon Valley-based cross-border venture capital platform, today announced the launch of The AI Native Startup Playbook: Your Blueprint to Enterprise 5.0. Designed to empower AI-native startup founders, the playbook offers actionable insights, practical frameworks, and innovative strategies for building AI startups that seamlessly combine human ingenuity with intelligent machines to accelerate productivity across the enterprise.

“Enterprise 5.0 represents a paradigm shift in how startups approach AI,” said Anik Bose, Managing Partner at BGV.

“Enterprise 5.0 represents a paradigm shift in how startups approach AI,” said Anik Bose, Managing Partner at BGV. “We want to provide the community with a novel framework for building Vertical AI and Enterprise Agentic AI companies that balance technological innovation with human empowerment. This playbook isn’t just theory—it’s a blueprint backed by insights from over five years of practical research, 50 AI investments, and an ecosystem of 100 VCs and 100 corporate partners. We’ve seen firsthand what works, and this guide distills those lessons to help founders navigate the evolving AI landscape, where businesses operate more efficiently and employee roles and customer experiences are redefined.”

AI-native startups are redefining the way companies scale, leveraging automation and intelligent workflows to achieve unprecedented levels of efficiency. Unlike traditional SaaS businesses, where growth typically correlates with headcount expansion, AI-native enterprises operate with leaner teams, using AI to amplify human impact rather than replace it. This shift is already evident in the industry, with emerging AI-native companies achieving higher revenue per employee than ever before, signaling a fundamental change in how technology-driven businesses grow and scale.

The AI Native Startup Playbook addresses the unique challenges faced by AI-native companies, offering founders tools to:

Manage a New Tech Stack: From scalable, (often open-source) infrastructure that enables growth without incurring excessive costs, to maneuvering performance bottlenecks, AI-native startups require an entirely new tech stack for their businesses.Overcome Data Challenges: Navigate the complexities of integrating unstructured data and ensuring data quality, privacy, and compliance.Quantify ROI Through Human-Centric Metrics: Leverage BGV’s proprietary Human-AI Augmentation Index and Value Waterfall Framework to articulate the value of AI beyond automation.Develop Scalable, Trustworthy AI Solutions: Address adoption barriers by embedding trust, transparency, and security into AI products.Master Go-To-Market Strategies: Learn how to build partnerships with tech giants and adopt hybrid pricing models to accelerate market entry and adoption.

As the startup landscape continues to evolve, AI-native companies are proving that smaller, more agile teams can scale to enterprise levels faster than ever before. The playbook explores the underlying shifts that make this possible, from AI-powered demand generation to automated software development workflows, enabling startups to achieve more with fewer resources.

At the heart of this playbook is BGV’s concept of Enterprise 5.0, which envisions a future where AI augments human ingenuity rather than replaces it. The playbook offers actionable frameworks to equip founders to balance innovation with practicality, delivering AI solutions that integrate seamlessly into business workflows, maximize ROI, and foster trust. It also highlights key opportunities in vertical markets such as healthcare, finance, and logistics, as well as the transformative potential of enterprise-wide AI agents in streamlining workflows across enterprise functions such as sales, marketing, security, software development, finance and customer operations.

“Enterprise innovation has evolved through distinct phases—from the birth of personal computing (Enterprise 1.0) to the rise of the Internet (Enterprise 2.0), the adoption of cloud and mobile technologies (Enterprise 3.0), and the mainstream adoption of AI (Enterprise 4.0). Each phase has redefined how businesses operate, enhancing human productivity and value creation,” explained Yash Hemaraj, General Partner at BGV. “As we now enter the era of Enterprise 5.0, we envision a future where humans are orchestrators of intelligent workflows. Human centric AI-native enterprises operate autonomously with strategic human guidance and guardrails, leveraging multimodal AI and intelligent machines to unlock unprecedented levels of efficiency, scalability, and profitability—ultimately enhancing, rather than replacing, human ingenuity.”

The playbook is the result of a collaborative effort involving BGV, the Human AI Advisory Council and the EAIGG team, representing decades of expertise in venture capital, technology, and market research. The combined insights ensure the playbook is both forward-looking and grounded in real-world application.

The AI Native Startup Playbook: A Blueprint for Enterprise 5.0 is now available to startup founders, investors, and industry leaders. 

To download your copy and learn how to apply these strategies to your business, visit www.eaigg.org/playbook

About Benhamou Global Ventures (BGV):
BGV is a cross-border VC platform with deep roots in Silicon Valley and an exclusive focus on global Enterprise 5.0 technology innovation. As a pioneer in human-centric enterprise AI, BGV invests in startups that seamlessly combine human ingenuity with intelligent machines to drive efficiency, scalability, and productivity gains. The partnership sources companies from innovation hubs around the world and deploys financial and human capital from seed stage to IPO. With offices in Menlo Park, Tel Aviv, Paris, and Bangalore, BGV has championed a cross-border venture investing model with a portfolio representing businesses in the US, Israel, Europe, and India.

For media inquiries and further information, please contact:
Emmanuel Benhamou
Director of Platform
emmanuel@benhamouglobalventures.com

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SOURCE Benhamou Global Ventures

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