What the Immigration Slowdown Means for the U.S. Labor Market

单集文稿 ...

• 00:03

  Silicon Valley is launching pro-AI super PACs to defend the industry in the midterm elections.

• 00:09

  Plus, what a historic slowdown in immigration means for the U.S. job market.

• 00:14

  A lot of these people are massively overrepresented in the workforces of certain industries.

• 00:19

  And so you stem that inflow, you could start to see acute shortages in workers in some industries.

• 00:26

  And why Dillard's bought a mall when most department stores are ditching them.

• 00:30

  It's Monday, August 25th.

• 00:32

  I'm Alex Oselev for The Wall Street Journal.

• 00:35

  This is the PM edition of What's News,

• 00:37

  the top headlines and business stories that move the world today.

• 00:46

  We're exclusively reporting that Silicon Valley is putting more than $100 million into a network of political action committees and organizations.

• 00:54

  The network is called Leading the Future,

• 00:56

  and its goal is to advocate against strict artificial intelligence regulations.

• 01:01

  For more, I'm joined now by WSJ Tech policy reporter Amrith Ramkumar.

• 01:05

  Amrith, what do we know about this super PAC and who's involved in it?

• 01:09

  Some of the biggest names in tech world are involved.

• 01:12

  Andreessen Horowitz, a huge venture capital firm that backs a bunch of AI and crypto startups.

• 01:18

  Greg Brockman, who's one of the founders of OpenAI and one of their top executives.

• 01:24

  Angel investor Ron Conway, who's a legend in Silicon Valley,

• 01:27

  but maybe not super well known in other circles.

• 01:30

  The AI search engine Perplexity and Joe Lonsdale, who's very influential in tech world.

• 全部文稿