# AI Costs Are Rising, Ghost Jobs Face a Probe, and Wall Street's Talent Pipeline Is at Risk

Page: https://stenobird.com/podcast/future-ready-leadership-with-jacob-morgan-891576/ai-costs-are-rising-ghost-jobs-face-a-probe-and-wall-street-s-talent-pipeline-is-at-risk
Text version: https://stenobird.com/podcast/future-ready-leadership-with-jacob-morgan-891576/ai-costs-are-rising-ghost-jobs-face-a-probe-and-wall-street-s-talent-pipeline-is-at-risk.md
Podcast: [Future Ready Leadership With Jacob Morgan](https://stenobird.com/podcast/future-ready-leadership-with-jacob-morgan-891576)
Published: 2026-06-18T21:05:00+00:00
Episode link: https://futureofworkpodcast.libsyn.com/ai-costs-are-rising-ghost-jobs-face-a-probe-and-wall-streets-talent-pipeline-is-at-risk
Audio file: https://traffic.libsyn.com/secure/futureofworkpodcast/ai-costs-ghost-jobs-wall-street-talent-pipeline-future-ready-today.mp3?dest-id=209072
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Duration seconds: 2256

## Resource

June 18, 2026: Companies are starting to count the real cost of AI after two years of broad experimentation, from rising token bills to the higher wage premiums commanded by AI-skilled workers. Then I look at Senator Ruben Gallego's push to investigate ghost jobs and whether AI-powered hiring platforms are distorting the labor data policymakers rely on. Finally, I break down Wall Street's hiring dilemma: AI can automate junior-level work, but it cannot replace the apprenticeship that develops future rainmakers, dealmakers, and senior leaders.

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## Transcript

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