66% of CEOs are freezing hiring while betting billions on AI. It’s a costly miscalculation

Two-thirds of CEOs are simultaneously freezing hiring while investing billions in AI, creating what the article calls 'operational gridlock.' This represents a massive shift toward AI-driven workforce replacement that could displace human workers on an unprecedented scale. The emergence of 'agentic AI' is described as reshaping corporate hierarchies, with companies betting their futures on AI automation rather than human talent.