Axios C-Suite: What Jim learned for the week of June 13
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Illustration: Aïda Amer/Axios
🥸 Unreal job candidates ... Here's one that was new to me: Our HR head told me this week that we weren't posting a high-level job publicly. The reason? We're getting slammed by bots posing convincingly as human applicants. At least one advanced through a few screens.
- Turns out, this is happening everywhere. Gartner thinks that a quarter of all candidate profiles could be fake by 2028.
- Why this matters to CEOs: Um, call your HR head. This is weird shit.
👽 More weirdness, folks: KPMG pulled a report on how AI is being used by businesses. The reason for taking it down: It exaggerated biz AI adoption. The reason it did that: AI hallucinations.
☀️ Great news: A lot more Americans are getting richer. Yes, polls show they don't feel it — but, empirically, they are.
- This stat, based on data compiled by Stephen J. Rose and Scott Winship for the American Enterprise Institute, undercuts the popular "shrinking middle class" narrative: The upper middle class grew to 31% — up from 10% in 1979.
- "Rather than the rich getting richer and the poor getting poorer, rich and poor alike grew richer — albeit at much different rates," they wrote in the liberal opinion pages of The New York Times.
- Yes, the gap between rich and poor grew lots larger. But lots of people left the middle class — by moving up.
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