Technology

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

Published

1 year ago

February 3, 2025

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

Technology

Pillsbury Notice of Data Breach

Published

2 hours ago

July 18, 2026

NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html.

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

Technology

From Remote Racing to Embodied AI: Fibocom and Intedigo Bring 5G Bidirectional Data Transmission into Real-World Applications

Published

3 hours ago

July 18, 2026

SHANGHAI, July 18, 2026 /PRNewswire/ — From July 17 to 20, Fibocom and Intedigo will jointly present a cross-regional, beyond-visual-line-of-sight (BVLOS) teleoperation demonstration at Booth H3-C408 during the World Artificial Intelligence Conference (WAIC) 2026. Visitors will be able to enter a remote driving cockpit and control a real race car located at HURA PARK in Jiading, Shanghai, steering, accelerating, and braking in real time while experiencing how 5G connectivity enables remote operation.

More than an immersive driving experience, the demonstration provides a live validation of 5G bidirectional data transmission for embodied AI teleoperation. The vehicle continuously sends live track video, vehicle status, and operating data to the remote cockpit, while control commands are transmitted back to the vehicle, creating a closed-loop teleoperation system. Stable, low-latency, and highly reliable connectivity is essential for high-dynamic maneuvers such as high-speed cornering, precision braking, and continuous lane changes.

Developed by Intedigo, the remote driving system connects a real race car with an immersive remote driving cockpit. It supports 1080p@60Hz video transmission, glass-to-glass (G2G) video latency of less than 80 ms, and control latency of less than 10 ms. The demanding racing environment magnifies differences in video continuity and control responsiveness, making communications performance directly perceptible, measurable, and verifiable.

At the joint demonstration, Fibocom’s FM160 5G module provides cellular connectivity for the system. Powered by the Qualcomm Snapdragon™ X62 5G Modem-RF System, the FM160 supports SA and NSA network architectures as well as 3GPP Release 16. On the downlink, it supports NR Carrier Aggregation (NR CA) with bandwidth of up to 120 MHz, delivering peak speeds of up to 3.5 Gbps in NSA mode and 2.5 Gbps in SA mode. On the uplink, it supports UL MIMO and delivers peak speeds of up to 900 Mbps in SA mode. These capabilities support the continuous transmission of HD video and vehicle status data, along with reliable delivery of control commands.

As embodied AI moves into factories, data centers, logistics operations, and industrial parks, robots are becoming increasingly capable of performing tasks autonomously. Yet complex environments, unexpected events, and edge cases still require Human-in-the-Loop (HITL) remote intervention to help ensure safe and reliable operation.

Daniel Liu, CEO of Intedigo, said:

“5G represents the pinnacle of human communications and the starting point of machine communications. In the past, communications connected people to people; in the future, they will connect people to robots and robots to robots. Remote racing is simply the easiest entry point for people to understand this concept. What we are truly validating is a communications system capable of supporting remote collaboration for embodied AI. HURA makes low-latency remote driving a tangible experience, while RoBOX extends this capability to robots and a broader range of intelligent terminals. Together with Fibocom, we hope to enable more machines to receive remote assistance whenever needed while remaining continuously connected and operating reliably.”

Simon Tao, VP of Wireless Solutions Business Group and General Manager of MBB BU at Fibocom, said:

“As embodied AI enters real-world industrial environments, reliable connectivity will become the foundation for telemetry feedback, remote control and operational management. Fibocom’s 5G solutions, represented by FM160, provide the cellular connectivity required for continuous on-site data transmission and reliable control command delivery. Fibocom will continue collaborating with ecosystem partners such as Intedigo to bring cellular connectivity to more robots, autonomous machines and mobile intelligent terminals, enabling embodied AI systems to stay continuously connected and respond reliably in real-world applications.”

From remote race cars to robots, unmanned equipment, and mobile intelligent terminals, 5G is evolving from connecting people to connecting machines. This joint demonstration makes the capabilities of 5G bidirectional data transmission directly perceptible, experiential, and verifiable, helping pave the way for embodied AI to scale across real-world applications.

About Fibocom

Fibocom, founded in 1999, is China’s first wireless communication module company listed on both the A-share and H-share markets (300638.SZ, 0638.HK). As a global leading provider of wireless communication modules and AI solutions, Fibocom leverages wireless communication and artificial intelligence as its core technologies to provide integrated hardware and software solutions that empower industry applications. These solutions accelerate the transformation from “Connect Everything” to “Intelligent Connectivity” across diverse industries.

Fibocom’s one-stop solutions encompass cellular communication, AI, automotive, and GNSS modules, as well as AI toolchains, supporting industry-side and mainstream large model integration, and providing AI Agent, global connectivity, and cloud services, driving the digital intelligence upgrades in industries such as robotics, consumer electronics, low-altitude economy, intelligent transportation, smart retail, and smart energy.

View original content to download multimedia:https://www.prnewswire.com/news-releases/from-remote-racing-to-embodied-ai-fibocom-and-intedigo-bring-5g-bidirectional-data-transmission-into-real-world-applications-302828996.html

SOURCE Fibocom Wireless Inc.

Technology

DR. PHONE FIX ANNOUNCES SECOND TRANCHE CLOSING OF NON-BROKERED CONVERTIBLE DEBENTURE UNIT FINANCING

Published

3 hours ago

July 18, 2026

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

EDMONTON, AB, July 18, 2026 /CNW/ — Dr. Phone Fix Canada Corporation (“Dr. Phone Fix” or the “Company”) (TSXV: DPF) is pleased to announce that, further to its news release dated May 19, 2026 and June 24, 2026 (the “Prior News Releases”), it has closed the second tranche of its non-brokered private placement (the “Offering”) of convertible debenture units of the Company (each, a “Unit”). The Company issued 726 Units, at a price of $1,000 per Unit, for aggregate gross proceeds of $726,000. Each Unit is comprised of (i) one $1,000 principal amount unsecured convertible debenture of the Company (a “Convertible Debenture”) and (ii) 3,125 common share (“Common Share”) purchase warrants of the Company (each, a “Warrant”). Additional detail on the Offering, including terms of the Convertible Debentures and Warrants, is set out in the Prior News Releases.

In connection with the Offering, the Company paid a finder’s fee consisting of an aggregate cash fee of $50,820 and issued an aggregate of 317,625 common share purchase warrants of the Company (each, a “Finder’s Warrant”) to certain qualified arm’s length parties. Each Finder’s Warrant is exercisable to acquire one Common Share of the Company at an exercise price of $0.22 prior to the date that is 24 months from the date of issuance.

All securities issued pursuant to the Offering, including any Common Shares issuable upon conversion of the Convertible Debentures or exercise of the Warrants and Finder’s Warrants, are subject to a statutory hold period of four months and one day from the closing of the Offering, in accordance with applicable securities laws and TSX Venture Exchange (the “TSXV”) policies.

The Offering remains subject to final acceptance of the TSXV.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

About Dr. Phone Fix

Dr. Phone Fix is a national, award-winning, eco-friendly, and customer-centric leader in Canada’s cell phone and electronics repair and certified pre-owned device industry. Founded in 2019, the Company now operates 44 retail locations nationwide through a standardized and scalable operating platform designed to support consistent execution across multiple markets, delivering fast, reliable, and environmentally conscious repair services alongside a curated selection of certified pre-owned devices and premium accessories. Dr. Phone Fix maintains strong partnerships with OEMs and certified suppliers, ensuring consistently high-quality standards across its national footprint. With a focus on responsible device lifecycle management, customer service, and operational discipline, Dr. Phone Fix continues to set the benchmark for device care and resale in Canada.

www.docphonefix.com

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Forward-Looking Information and Cautionary Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the final acceptance of the Offering by the TSXV; and the expected use of proceeds following the closing of the Offering. Forward-looking information in this news release is based on certain assumptions and expected future events, namely: the Company’s financial condition and development plans do not change as a result of unforeseen events; the TSXV will provide its final acceptance of the Offering; and the Company will be able to obtain the financing required in order to develop and continue its business and operations. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company’s inability to obtain TSXV final acceptance for the Offering; the potential failure to complete the balance of the Offering or to raise the full anticipated gross proceeds; market conditions and investor demand for the Company’s securities; the Company’s inability to deploy the proceeds as currently intended; and general economic and market conditions. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

SOURCE Dr. Phone Fix