Reported about 21 hours ago
Recent layoffs at Amazon, UPS, Target, and others have raised concerns about job security in an uncertain economy. However, experts indicate that these workforce reductions are not significantly influenced by artificial intelligence. Amazon CEO Andy Jassy emphasized that the layoffs stem from company culture and previous rapid growth, rather than financial constraints or AI advancements. Despite heavy investments in AI, the actual displacing of workers remains minimal across industries, as companies continue to adjust to evolving business needs.
Source: YAHOO