Aug 9, 2026
AI Boosts Output, Costs Jobs, Says the Bank of England | Paper Cut
The Bank of England says AI is lifting productivity and costing jobs, in the same breath. This episode covers that, plus a jobs report that says the market is fine while workers say otherwise, Gen Z's surprising ambition, and pay negotiation getting a new referee.
This week's Paper Cut covers:
- The Bank of England's dual verdict on AI, productivity and jobs, plus what "botsitting" is costing employees
- July's jobs report versus sinking worker confidence and record-low job switching in Australia
- A KPMG survey showing 93% of interns want to become executives, and what that means for retention
- RTO pushback, empty offices refilling, and AI-generated salary ranges showing up in pay talks
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