X, formerly known as Twitter, is allowing verified organizations early access to its X Hiring Beta. However, organizations must apply to use the feature.

The move was announced in a post on Aug. 25.

The company said X Hiring will let companies feature critical roles and reach millions of relevant candidates. Media reports have said X Hiring is taking aim at LinkedIn.

SIA research lists LinkedIn as the second-largest online job advertising firm in the world following Recruit Holdings Co. Ltd, which owns Indeed and Glassdoor among other job websites. The report notes the global online job advertising market rose by 36% in 2021 to $31.4 billion.

Rumors about the X hiring product have been circulating for a while, according to past reports.

The average weekly wage increased by 6.6% year over year to $1,465 during the first quarter in the 360 largest counties in the US, according to data released by the US Bureau of Labor Statistics on Aug. 23.

Clayton County in Georgia saw the largest increase in average weekly wage, where it rose 24.3% year over year to $1,586; a 29% increase in the average weekly wage in the “trade, transportation and utilities” segment was the largest contributor to the increase.

The largest decline in average weekly wage was in Elkhart County in Indiana, where the average weekly wage fell 6.3% to $1,230. The manufacturing industry was the largest contributor to the decline, with the average weekly wage in the sector falling by 6.3%.

Among the top 10 largest counties, Harris, Texas, saw the biggest year-over-year increase in the first quarter at 9.8% to $1,845. Professional and business services had the largest impact on the increase.

Generative AI tools like ChatGPT have gained significant attention and popularity since their release in 2022. It is understandable that people might be nervous about the future impact of AI on workers, especially considering that higher-paying professions like legal services and financial services could potentially be affected. This is different from previous technological advancements, as generative AI has the potential to automate and break down complex tasks into smaller, less skilled jobs.

For example, in the entertainment industry, AI could be used to create scripts by breaking them down into multiple roles like a dialogue finisher or a premise coordinator. This could result in jobs that require less skill and pay less than the current role of a writer. Alternatively, a two-tier system could emerge, with a small group of well-remunerated craft workers and a larger group of less secure workers.

Historically, introducing new technology into the workforce has sometimes led to job degradation, where larger roles requiring expertise are broken down into smaller tasks, resulting in lower pay for workers. Additionally, some jobs may be completely eradicated due to the introduction of new technology.

However, generative AI also has positive effects in the workplace. It can automate repetitive tasks, such as writing grants or basic outlines of code, which can save time for professionals. Moreover, new jobs that didn't exist before have already emerged in the field of generative AI, such as AI consultant and AI video editor.

It's important to remember that the future of the job market is uncertain and driven by profit. Companies may prioritize their bottom line, leading to decisions that reduce labor costs or eliminate jobs. However, workers should advocate for better working conditions and strive to shape a future where jobs can improve. Ultimately, the future is open, and it is up to individuals and society to navigate and create the conditions for a better job market.  

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