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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

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Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
NewslettersFortune Workplace Innovation

Robots screening robots: Inside the AI arms race reshaping hiring

Kristin Stoller
By
Kristin Stoller
Kristin Stoller
Editorial Director, Fortune Live Media
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Kristin Stoller
By
Kristin Stoller
Kristin Stoller
Editorial Director, Fortune Live Media
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June 1, 2026, 8:44 AM ET
Fortune Editorial Director Kristin Stoller chats with Pepsico chief people officer Becky Schmitt
Inside the AI hiring doom loop, where recruiters can't keep up, candidates can't break through, and entry-level jobs are quietly disappearing.Fortune
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Good morning!

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More than half of job candidates are using AI to apply for jobs. Meanwhile, nearly 90% of companies are using AI to screen candidates, overwhelmed by a staggering volume of résumés. 

So, if both sides are using AI with such regularity, are any humans actually winning here?

That’s the question I set out to answer this month as I explored the “AI hiring doom loop”—and what it means for candidates and recruiters alike.

Jeremy Schifeling, a career coach who has held roles at LinkedIn, Khan Academy, and Apple, now teaches job seekers at more than 350 universities how to get past the AI systems filtering them out. 

His advice? Step away from ChatGPT. Using AI to churn out cover letters or spam application portals simply won’t work, he said. Instead, candidates should think about what a recruiter actually wants to hear, and write a heartfelt, human message that can break through the AI slop.

“We got into this AI arms race that no one wins. It’s mutually assured destruction,” he told me. He argued that the real question isn’t how to cram more AI into hiring, but how to use it in ways that actually help companies build stronger, more diverse teams and develop the next generation of talent.

But that talent pipeline is already at risk, according to Indeed chief economist Svenja Gudell. 

“Employers [are] saying, ‘I don’t hire entry-level anymore,’” she said at the Fortune Workplace Innovation Summit last month. “In three to five years from now, you’re not going to have the people with that experience—because you never hired them to begin with.”

So how can HR leaders break this AI hiring doom loop? Watch our full video deep dive here.

P.S. We’re kicking off our third-annual Fortune COO Summit today, where I’ll be interviewing Lattice CEO Sarah Franklin and Cisco chief people, policy, and purpose officer Fran Katsoudas on how they’re reshaping their org charts in the age of AI. Follow along with us live here.

Kristin Stoller
Editorial Director, Fortune Live Media
kristin.stoller@fortune.com

Around the Table

A round-up of the most important HR headlines.

Could new medical advances spell trouble if employers know what diseases their workers might get? New York Times

Employees are interacting with colleagues less than ever before, thanks to AI. Business Insider

In Phoenix, the country’s call-center capital, AI is decimating working-class careers. Wall Street Journal

Watercooler

Everything you need to know from Fortune.

AI scapegoats. Adding AI “employees” may be backfiring, as human workers are more likely to blame them for workplace mistakes. —Sasha Rogelberg

Union spend. U.S. employers spent an estimated $1.7 billion last year on union opposition, as employee union participation rises. —Jacqueline Munis

Vacation hacking. Employees are “PTO-maxxing” to stretch 15 vacation days into as many as 49 days off in a year. —Sydney Lake

This is the web version of the Fortune Workplace Innovation newsletter—your insider guide to the trends, issues, and thought leaders shaping the management of any business’ most precious resource: its people. Sign up to get it delivered free to your inbox.
About the Author
Kristin Stoller
By Kristin StollerEditorial Director, Fortune Live Media
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Kristin Stoller is an editorial director at Fortune focused on expanding Fortune's C-suite communities.

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