Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home Themes AI

Shopify Adopts AI-First Hiring Policy: No New Hires Unless AI Can’t Do the Job

by Team Lumida
April 8, 2025
in AI
Reading Time: 4 mins read
A A
0
Shopify Q2 2024 Earnings Highlights: Strong Growth and Profitability

"Shopify" by Open Grid Scheduler / Grid Engine is licensed under CC CC0 1.0

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

Powered by lumidawealth.com

  • Shopify CEO Tobi Lütke announced that the company will not approve new hires unless managers can prove that artificial intelligence cannot perform the job.
  • Employees are now required to integrate AI into their workflows, with AI usage becoming a key factor in performance reviews.
  • Shopify’s AI-first approach reflects a broader trend in the tech industry, where companies are prioritizing AI skills amid a hiring slowdown.
  • The company, which operates fully remotely with 8,100 employees, is embracing AI to drive growth and maintain profitability as it courts larger clients.

What Happened?

Shopify CEO Tobi Lütke issued a memo stating that the company will only approve new hires if managers can demonstrate that AI cannot handle the role. Employees are expected to integrate AI into their daily tasks, and their ability to leverage AI will be evaluated during performance reviews.

The memo, shared on social media, underscores Shopify’s commitment to using AI tools across its operations. Lütke emphasized that learning to apply AI is now a critical skill for employees, stating, “I cannot see this working out today, and definitely not tomorrow” for those who opt out of adopting AI.

This policy follows Shopify’s earlier productivity initiatives, such as eliminating 12,000 calendar events in 2023 to reduce unnecessary meetings and free up time for focused work.


Why It Matters?

Shopify’s AI-first hiring policy highlights the growing importance of artificial intelligence in shaping the future of work. By prioritizing AI integration, Shopify aims to boost productivity, reduce costs, and remain competitive in the rapidly evolving e-commerce landscape.

This move also reflects a broader industry trend, as companies across sectors invest heavily in AI development and seek employees with AI-related skills. Shopify’s approach could set a precedent for other organizations looking to balance workforce efficiency with technological advancements.


What’s Next?

Shopify’s focus on AI integration will likely lead to increased adoption of AI tools across its operations, potentially reshaping how teams collaborate and innovate. The company’s AI-driven strategy may also influence hiring practices and workforce expectations in the tech industry.

As Shopify continues to embrace AI, it will be important to monitor how this policy impacts employee morale, productivity, and the company’s ability to attract and retain top talent. Additionally, the long-term effects of AI-first hiring on job creation and workforce dynamics will be closely watched.


Source
Previous Post

Trump’s Tariffs Spark iPhone Buying Frenzy as Consumers Brace for Price Hikes

Next Post

Levi Strauss Reports Q1 Revenue Growth Amid Tariff Challenges, Maintains 2025 Outlook

Recommended For You

Viral Citrini “AI Crisis” Scenario Becomes a Market Catalyst, Triggering One-Day Risk-Off

by Team Lumida
6 hours ago
Viral Citrini “AI Crisis” Scenario Becomes a Market Catalyst, Triggering One-Day Risk-Off

Key takeaways Powered by lumidawealth.com Citrini Research published a “2028 Global Intelligence Crisis” scenario that quickly went viral and became a catalyst for a broad selloff. The S&P 500...

Read more

Apple’s “Made-in-USA” Chip Push: Big Spend, Slow Reality, and a Long Lead-Time to Resilience

by Team Lumida
1 day ago
Apple’s “Made-in-USA” Chip Push: Big Spend, Slow Reality, and a Long Lead-Time to Resilience

Key takeaways Powered by lumidawealth.com Apple is anchoring U.S. chip reshoring by committing to buy 100M+ chips from TSMC Arizona and supporting upstream/downstream suppliers (wafers, packaging, assembly). The strategy...

Read more

Viral AI “Doomsday” Memo Sparks Risk-Off: Stocks Slide as Investors Reprice White-Collar Disruption

by Team Lumida
1 day ago
Viral AI “Doomsday” Memo Sparks Risk-Off: Stocks Slide as Investors Reprice White-Collar Disruption

Key takeaways Powered by lumidawealth.com A viral Citrini Research scenario catalyzed a sharp risk-off move, contributing to a Dow drop of 822 points (-1.7%) alongside fresh tariff uncertainty. Investors...

Read more

Meta’s AI Spending Boom: Record Cash Flow Masks Heavy Debt and Stock-Comp Costs

by Team Lumida
2 days ago
Meta’s AI Spending Boom: Record Cash Flow Masks Heavy Debt and Stock-Comp Costs

Key takeaways Powered by lumidawealth.com Meta reported $43.6B in free cash flow (2025), yet $42B in cash costs tied to stock-based compensation consumed ~96% of it. The company more...

Read more

OpenAI Confirms Chip Supply Stability Amid Industry Shortage, Stresses Global AI Safety Standards

by Team Lumida
5 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

Key takeaways Powered by lumidawealth.com OpenAI has visibility into its chip supply needs, despite the ongoing global shortage, and is working closely with strategic partners to ensure supply. The...

Read more

U.S. Imports More From Taiwan Than China for the First Time, Shifting Trade Dynamics

by Team Lumida
5 days ago
AI Investment Boom: How Tech Giants Are Leading the Charge

Key takeaways Powered by lumidawealth.com U.S. imports from Taiwan more than doubled in December, reaching $24.7 billion, surpassing China’s $21.1 billion for the first time in decades. Taiwan's AI...

Read more

OpenAI Nears Record $100B+ Funding Round, Valuation Could Top $850B as Strategic Backers Line Up

by Team Lumida
6 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

Key takeaways Powered by lumidawealth.com OpenAI is close to finalizing the first phase of a new funding round that could raise more than $100B, potentially a record for private...

Read more

Abu Dhabi’s MGX Turns AI Investing Into a $100B+ Power Play Across Models, Chips, and Data Centers

by Team Lumida
1 week ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

Key Takeaways Powered by lumidawealth.com MGX, created in 2023, plans to invest up to $10B annually and targets $100B+ AUM, making it one of the most influential AI capital...

Read more

Pentagon–Anthropic Feud Escalates as AI Policy Clash Threatens Defense Contracts

by Team Lumida
1 week ago
Pentagon–Anthropic Feud Escalates as AI Policy Clash Threatens Defense Contracts

Key Takeaways Powered by lumidawealth.com The Pentagon is reviewing its relationship with Anthropic over limits the company places on how its Claude AI models can be used in military...

Read more

AI Job-Loss Panic Is Running Ahead of the Data, Says Bloomberg Opinion

by Team Lumida
1 week ago
AI Job-Loss Panic Is Running Ahead of the Data, Says Bloomberg Opinion

Key Takeaways Powered by lumidawealth.com Viral AI narratives are driving market sentiment, but evidence for large-scale white-collar job displacement remains limited. Productivity and labor-market data show only modest change...

Read more
Next Post
three assorted-color denim bottoms

Levi Strauss Reports Q1 Revenue Growth Amid Tariff Challenges, Maintains 2025 Outlook

man writing on paper

Medicare Advantage Stocks Surge After $25 Billion Payment Increase Announcement

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

refill of liquid on tubes

Social Isolation vs. Alcohol: America’s Growing Health Dilemma

February 1, 2025
Sticky Inflation Shakes Markets: What’s Next for Interest Rates?

Inflation Data Presents Critical Test for Markets and Fed

February 13, 2025
a piece of rock sitting on top of a table

North American Uranium Market Stalls Amid Tariff Uncertainty and Utility Hesitation

March 31, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018