AI & Enterprise

AI job hiring doubles in two years as demand surges for AI heads and data labelers

Hiring for jobs that run and manage artificial intelligence, such as heads of AI and data annotators, is rising rapidly despite widespread fears that AI will cut jobs. LinkedIn data for 2023 to 2025 showed AI created 640,000 U.S. white-collar jobs and AI-related postings more than doubled to 3.4 percent. Hiring included 225,000 head-of-AI roles and 312,000 annotators. Indeed found demand concentrated, with 1 percent of companies accounting for 90 percent of AI postings.

Crypto

Bitcoin short bets pile up on oil surge; $72,000 is turning point

An estimate says about $2.5 billion in bitcoin futures short positions could be liquidated if bitcoin rebounds to $72,000. With short positions heavily built up, analysts cited the possibility of a short squeeze if war risks ease or funds return to spot bitcoin exchange-traded funds. Oil’s surge after the U.S.-Iran war, corporate selling, and macro pressure were cited as drivers of bearish bets. Negative perpetual funding rates also suggest increased short bias.