Indeed CEO says this—not AI—is the biggest threat to the workforce

Hisayuki ‘Deko’ Idekoba argues this issue will have a ‘way bigger impact’ on the labor market.

[Photo: Aaron Schwartz/Bloomberg via Getty Images]

Most business leaders are laser-focused on the existential threat that AI poses, with many of them citing it as a reason for major layoffs. At an event on April 15, however, Indeed CEO Hisayuki “Deko” Idekoba suggested there’s another force that will wreak havoc on the labor market—one that he argued is more pressing. 

“Actually, what is happening in all developed countries, including European countries and the U.S. . . . is a big demographic change: an aging labor market,” Idekoba said at Semafor’s World Economy Summit, Business Insider reported. He said the sheer number of........

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