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AI & Enterprise
AI not just a young workers issue as older U.S. employees face job loss, retirement pressure
Older U.S. workers aged 55 and above in jobs with high exposure to AI have increasingly left their positions in recent years, a new paper found. Research from Boston College’s Center for Retirement Research said the likelihood of unemployment or voluntary exits rose somewhat after the launch of ChatGPT, reversing a prior pattern. The study outlined three possible effects of AI on career length, and surveys showed mixed views of AI among older workers.
AI & Enterprise
Experience is a weapon, AI a variable as U.S. baby boomers face re-employment dilemma
As generative AI spreads, senior U.S. white-collar workers are increasingly debating whether to learn AI to protect their jobs or choose early retirement. Baby boomers say experience is being revalued, but fear they could be pushed out if they cannot keep pace with adoption. Surveys show a wide generational gap in ChatGPT use, while the share of older workers has risen. Some experts say AI may favor job stability for older workers, yet new tools and hiring demands add pressure.
Crypto
Tennessee bans cryptocurrency ATMs statewide after Indiana
Tennessee has banned the installation and operation of cryptocurrency ATMs across the state, making both operators and businesses that allow the machines subject to penalties. Governor Bill Lee signed House Bill 2505 on April 13. Violations are classified as a Class A misdemeanor, punishable by up to 1 year in jail and a $2,500 fine. Tennessee becomes the second U.S. state, after Indiana, to impose a statewide ban.