As adoption of Artificial Intelligence (AI) continues to rise, Jack Janasiewicz, Portfolio Manager, Natixis Investment Managers Solutions, analyzed recent Federal Reserve Bank of New York data from its Liberty Street Economics blog post titled, “Are Businesses Scaling Back Hiring Due to AI?”.* Overall, he believes the impact of AI on workers is likely to be mixed. “We aren’t seeing significant reductions in employment so far. Also, the results suggest that those who have a job are likely to be retrained rather than replaced by AI.”
September 17, 2025