| Dear Reader,
On Monday, we looked at what happens when AI systems start hiring people. Today, we’re looking at what happens when companies stop needing to hire as many people in the first place. Because if you want to see how AI is changing work, you don’t need to focus on dramatic headlines or mainstream talking points. You can simply look at the hiring data. | Something's brewing in Washington that hasn't happened in over a century. Four-time Emmy winner John Burke just exposed it in a stunning interview with futurist Mark Jeftovic. 'No one alive has seen anything like this before,' Jeftovic warns. 'The last time it happened was more than 100 years ago.' The trigger? Trump's most controversial move yet. If they're right, America's $38 trillion national debt could essentially vanish. Certain assets could skyrocket to unthinkable levels. And the entire economy could enter uncharted territory. What happens when the world's largest economy goes 'hyper?' Burke's interview reveals a blueprint for what's coming—and how prepared Americans can position themselves now, before it's too late. Watch the free interview now before this window closes. | Customer Support Hiring Has Collapsed Take a look at this week’s chart. Image: A16Z In just two years, the share of new hires going into customer support roles has fallen from roughly 8.3% to 2.9%. That’s a steep 65% drop. Customer support has long been one of the easiest ways for companies to scale. More customers meant more support requests. More support requests meant more agents answering emails, chats and help desk tickets. AI has changed that calculus. Today, large language models can handle FAQs, refunds, password resets, tracking updates and basic troubleshooting almost instantly. Artificial intelligence doesn’t need weeks of training, and it doesn't need to take breaks. What’s more, AI gets better as the data improves. Last year I wrote about how Microsoft saved $500 million by replacing customer service with AI. The company was able to make those cuts because customer support work is highly structured. The same questions come in thousands of times a day, and the answers already exist in knowledge bases and internal scripts. That gives AI exactly what it needs to learn patterns. And this is why companies don’t need to add new support reps at the same pace. Because AI is increasingly able to handle routine requests, leaving experienced agents to deal with the complex problems. That’s exactly what we’re seeing in the hiring data. And it’s having a significant impact on the labor market. In the United States alone, over 2.8 million people currently work as customer service representatives. It’s one of the largest single job categories in the labor market. But that workforce is losing ground as AI takes over the repetitive parts of jobs. And as AI continues to improve, we’re likely to see this same trend play out across other white-collar roles. Some executives are already restructuring their companies around that idea. Jack Dorsey just fired 40% of his employees at Block, the company behind Cash App and Square. It was the largest AI driven layoff in corporate history, with 4,000 workers losing their jobs. To be clear, Block is a profitable company with growing revenue. But Dorsey noted that: "Intelligence tools have changed what it means to build and run a company." In his own words: "A significantly smaller team, using the tools we're building, can do more and do it better." And he sees this same dynamic coming for other businesses. So do I. Here’s My Take To me, today’s chart is a harbinger of what’s to come. Because if a task can follow a flowchart, software can usually learn it. And as software gets good at these repetitive tasks, companies can simply stop hiring as many people to do them. As we saw last week, software is now creeping closer to the center of the decision-making process. That doesn’t mean work goes away. But it does mean that the nature of work is changing. Customer service roles are declining while RentAHuman, a marketplace where AI systems can post tasks and pay people to complete physical-world work, is starting to take off. Put these two trends together and you get a clearer picture of where labor is heading. In some areas, AI will continue to reduce the need to hire. In others, it will step into the role of coordinating human labor directly. Routine tasks will move to software, while work that requires judgment and experience will stay with people. Customer support just happens to be one of the first large job categories where we can see that shift happening in real time. But it won’t be the last. Regards,  Ian King Chief Strategist, Banyan Hill Publishing Editor’s Note: We'd love to hear from you!
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