Connect with us

Technology

Study: AI Is Compressing Pay and Accelerating Job Displacement Across Corporate America

Published

on

For its third year, Beautiful.ai surveyed 3,000 US managers revealing AI driving wage pressure, accelerating workforce replacement, and becoming core to daily work

SAN FRANCISCO, April 22, 2026 /PRNewswire/ — Beautiful.ai today released its third annual “AI’s Impact on the Workplace” report, based on a survey of 3,000 U.S. managers. The findings point to a clear shift. AI is no longer experimental. It is actively reshaping compensation, workforce structure, and expectations. Full survey results here and the summary findings below.

Compensation is under pressure
AI-driven productivity is beginning to reprice work. Forty-five percent of managers believe AI will push salaries down, and 55% say it could reduce their own pay. Concern is moving up the org chart.

Job displacement is gaining acceptance
Only 9% of managers say reducing headcount is the primary reason for adopting AI. The signal is changing sentiment. Thirty-five percent now believe replacing employees with AI would benefit their company, up from 23% last year. Forty-two percent say large-scale replacement could be financially advantageous.

AI is now core infrastructure
Seventy-two percent of managers use AI weekly, with daily usage rising sharply. At the same time, expectations are increasing, with 54% saying performance standards have gone up. Governance is lagging, with 42% willing to use AI regardless of company policy.

“The economics of work are shifting quickly, but this is a moment to redefine where we all create the most value,” said Jason Lapp. “As AI takes on routine tasks, human judgment, creativity, and leadership become more important, not less.”

Confidence in AI capability is accelerating this shift. Fifty-eight percent of managers say AI output matches or exceeds that of an experienced manager, up significantly year over year.

The result is a workforce recalibration already underway. Productivity is rising alongside anxiety. Seventy percent of managers believe employees fear job loss, and nearly three-quarters say workers worry AI will make them less valuable.

AI is increasing output while compressing wages and reshaping roles. The organizations that invest in both technology and people will be best positioned to navigate what comes next.

Methodology
This survey was conducted by Beautiful.ai via Pollfish from February 14–16, 2026, among 3,000 U.S. managers. Previous surveys from 2024 and 2025.

About Beautiful.ai
Beautiful.ai is the AI-powered presentation software that helps teams design professional, on-brand slides in minutes. By combining smart templates, automation, and AI-assisted workflows, Beautiful.ai empowers anyone—from small businesses to global enterprises—to communicate ideas clearly and visually.

View original content to download multimedia:https://www.prnewswire.com/news-releases/study-ai-is-compressing-pay-and-accelerating-job-displacement-across-corporate-america-302749673.html

SOURCE Beautiful.AI

Continue Reading

Technology

Agenda for the 4th Hong Kong Clinical-driven Robotics and Embodied AI Technology (CREATE) Symposium Officially Released

Published

on

By

Leading Experts from Medicine, Research, Industry and Investment Revealed

HONG KONG, Sept. 11, 2026 /PRNewswire/ — Scheduled for September 22–23, 2026, the 4th Hong Kong Clinical-driven Robotics and Embodied AI Technology (CREATE) Symposium will be held at the Charles K. Kao Auditorium in Hong Kong Science Park. The Centre for Artificial Intelligence and Robotics (CAIR), Hong Kong Institute of Science & Innovation, Chinese Academy of Sciences (CAS), organizes the event, with co-organization by the Hong Kong Science and Technology Parks Corporation (HKSTP).

The CREATE Symposium is dedicated to building a platform for in-depth dialogue between clinical medicine and cutting-edge technology. Having been held successfully for multiple editions, it has become a flagship international symposium on embodied intelligence in healthcare. This year’s event will focus on the practical clinical needs of more than ten specialties, including neurology, neurosurgery, respiratory intervention, otolaryngology, ultrasound imaging, and sleep medicine. It will bring together world-leading academicians, hospital directors, department leaders, and innovative scholars at the intersection of medicine and engineering to explore clinical applications and translation pathways of AI and robotics technologies, accelerating innovation and industrialization in global healthcare technology.

Symposium Highlights

This year’s symposium features a special “Hospital Presidents’ Roundtable” session. Eight hospital leaders from the Greater Bay Area will engage in in-depth discussions on integrating medicine and engineering, smart hospital development, and practical applications of medical AI.

The distinguished panel includes:

Linbo CAI, President of Guangdong 999 Brain Hospital, Chief Physician, and Doctoral Supervisor at Jinan University.

Kenneth Man-Chee CHEUNG, President and Hospital Chief Executive of The University of Hong Kong – Shenzhen Hospital, The Jessie Ho Professor in Spine Surgery and Chair Professor, Department of Orthopedics and Traumatology, HKU.

Kin-lai CHUNG, CEO of The Chinese University of Hong Kong (CUHK) Medical Centre.

Xiquan HU, Director, Management Committee of Lingnan Hospital; Director and Chief Physician, Department of Rehabilitation Medicine, The Third Affiliated Hospital, Sun Yat-sen University; President-Elect, Chinese Society of Physical Medicine and Rehabilitation, Chinese Medical Association.

Lijian JIN, Dean of Faculty of Dentistry, Modern Dental Group Professor in Clinical Dental Science, HKU.

Wing-yee SO, Hospital Chief Executive of North District Hospital, Hospital Authority.

Kenneth Hing Lim TSANG, Regional CEO of IHH Healthcare North Asia, CEO of Gleneagles Hospital Hong Kong.

Yi XIONG, Executive Director of Shenzhen Luohu District People’s Hospital.

The symposium will also launch CARES 4.0, a multi-modal medical AI large model and intelligent agent system for healthcare scenarios. Concurrently, a dedicated MedTech innovation exhibition will showcase cutting-edge medical hardware, AI algorithms, and other innovative achievements, demonstrating the latest capabilities in embodied intelligent healthcare.

As a co-organizer of this year’s symposium, HKSTP will host a special session titled “Empowering Founders, Enabling Growth: HKSTP’s Entrepreneurship Journey from Idea to Commercialization”. The session will introduce HKSTP’s life and health technology ecosystem and startup community, share The Road to Commercialization: Insights and Success Stories from HKSTP Startups, and feature the Roundtable Discussion: Empowering Value Creation and Growth through Strategic Partnerships.

Notably, the CREATE Symposium will debut a new “Roadshow Session” on September 23. The session will connect top-tier investment institutions with innovative companies. Participating companies will showcase products and technologies while receiving professional feedback from leading investors.

Investors from renowned institutions including Guangyuan Investment, Jiuguang Capital, Allwinner Technology, Yuexiu Group, Yanghe Investment, CICC Capital, Jianyuan Tianhua etc. have been invited to serve as judges. Invitations are also being extended to institutions such as Shenzhen Angel Fund of Funds, CCB International etc.

This year’s symposium will fully integrate MEDLing, CAIR’s proprietary intelligent conference assistant. The system has been customized and optimized for medical terminology, providing real-time speech transcription in Mandarin, English, and Cantonese, as well as high-precision transcript recording and simultaneous translation throughout the event. This will enable attendees from diverse fields and countries to communicate seamlessly and enjoy an enhanced conference experience.

Conference Information

Date: September 22–23, 2026 (Tuesday–Wednesday)
Venue: Charles K. Kao Auditorium, Hong Kong Science Park
Event Details and Latest Schedule: https://www.cair-cas.org.hk/article/662
Registration Link: https://forms.office.com/r/ePnu6HMySU?origin=lprLink

This year’s symposium features a dedicated healthcare technology exhibition area in the Atrium Link of Hong Kong Science Park. During the event, multiple guided tours will be organized to facilitate exchanges among attendees, academic experts, and industry representatives, fostering in-depth cross-sector collaboration.

Currently, only a limited number of booths remain available in the corporate exhibition area. Interested companies are invited to review partnership options

View original content:https://www.prnewswire.com/apac/news-releases/agenda-for-the-4th-hong-kong-clinical-driven-robotics-and-embodied-ai-technology-create-symposium-officially-released-302876370.html

SOURCE Centre for Artificial Intelligence and Robotics (CAIR), Hong Kong Institute of Science & Innovation, Chinese Academy of Sciences

Continue Reading

Technology

Scholarship America Marks 25th Anniversary of 9/11 by Honoring Its Support for the Families of Freedom Scholarship Fund

Published

on

By

NEW YORK, Sept. 11, 2026 /PRNewswire/ — Scholarship America today marks the 25th anniversary of the Families of Freedom Scholarship Fund, which it established and has administered since the fund’s founding in the direct aftermath of the September 11th attacks.

On September 11, 2001, the unthinkable happened, and the nation was forever changed. Thousands of children, including those of Ground Zero first responders, lost a parent or watched one become permanently disabled. In response, Scholarship America helped establish the Families of Freedom Fund to protect the dreams of these students, which it has proudly administered for more than two decades.

In the years since, the Fund’s scope has expanded to include the children of rescue and rebuilding workers who developed long-term and chronic illnesses tied to their service, nearly doubling the number of students eligible for support. Meeting that growing need has required an equally significant response: more than 20,000 individuals, corporations, foundations, and organizations – including longtime supporters Citi and Strada Education Foundation – have contributed to the Fund, helping award $193 million to 3,877 students who lost a parent or had one permanently disabled as a result of the September 11th attacks and the recovery efforts that followed.

“From the moment the horrific attacks unfolded, we knew the impact would echo across generations,” said Brandee McHale, Head of Community Investing and Development at Citi and President of the Citi Foundation. “We are proud of the work we did with organizations across the country to create this Fund, making a lasting commitment to support the educational needs of the children of victims.”

The Fund’s commitment will carry through 2030, when its youngest beneficiaries complete their undergraduate education.

“Twenty-five years later, we still remember how this Fund began—born out of one of the worst days in our nation’s history in an effort to ensure that these victims’ children wouldn’t lose their futures along with their loved ones,” said Mike Nylund, President and CEO of Scholarship America. “A promise was made to these students, and Scholarship America has been honored to help keep it for the past twenty-five years. Watching them graduate, build careers, and give back to their own communities has been one of the great privileges of this organization’s history.  On behalf of every student this Fund has supported, I am incredibly grateful for the generosity that made it possible.”

About Scholarship America

Since 1958, Scholarship America has been committed to breaking down financial barriers to higher education, turning the generosity of donors into life-changing opportunities for students across the country. To date, the organization has distributed more than $6 billion in scholarships to over 3.5 million students, making it the nation’s leading nonprofit scholarship administrator. Scholarship America also partners with individuals, foundations, small businesses, and nearly half of today’s Fortune 500 companies to deliver end-to-end scholarship program management for students pursuing degrees and certifications at technical, vocational, and two- and four-year colleges and universities.

Contacts:

Claire Berge Schmidt
Scholarship America
cbergeschmidt@scholarshipamerica.org

Logan Flynn
Hiltzik Strategies
lflynn@hstrategies.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/scholarship-america-marks-25th-anniversary-of-911-by-honoring-its-support-for-the-families-of-freedom-scholarship-fund-302875885.html

SOURCE Scholarship America

Continue Reading

Technology

The 26th CIFIT Opens in Xiamen, Merchants from 129 Countries and Regions Seek Business Opportunities

Published

on

By

XIAMEN, China, Sept. 11, 2026 /PRNewswire/ — A report from IQINGDAO:

The 26th China International Fair for Investment and Trade (CIFIT) opened in Xiamen on September 8. More than 1,200 government agencies and business delegations from 129 countries and regions as well as 30 international organizations gathered at the event to explore opportunities for two‑way investment and cooperation.

As a landmark platform for “Invest in China”, this year’s CIFIT revolves around three major sections: “Invest in China”, “Chinese Investment” and “International Investment”. For the first time, it features Finland and Saudi Arabia as dual Guest Countries of Honor, and Guangdong and Qinghai as dual Guest Provinces of Honor.

Both the exhibition area and the number of exhibitors in the financial zone have doubled at this edition. A special zone for the Cross‑border Interbank Payment System (CIPS) makes its debut at CIFIT. A new special zone for new quality productive forces has been set up, focusing on cutting‑edge sectors including artificial intelligence and low‑altitude economy.

Over 40 key investment‑promotion events will be held during the fair, alongside nearly 100 supporting activities such as capital matchmaking and special‑topic roadshows. The Online CIFIT platform pools resources including investment‑attraction projects, corporate financing and industrial funds. Empowered by digital technologies, it enables easier project sourcing and more efficient capital matching.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/the-26th-cifit-opens-in-xiamen-merchants-from-129-countries-and-regions-seek-business-opportunities-302876390.html

SOURCE Iqingdao

Continue Reading

Trending