The layoffs in some of the biggest companies in the US are more than a passing blip. And AI is certainly going to be an accelerating factor in many cases, as demonstrated here.
This piece details layoffs in 20 large businesses:
"And the long-term outlook is not good at all. In fact, the IMF is projecting that nearly 40 percent of all global jobs “could be affected by the rise of artificial intelligence”…Almost 40% of jobs around the world could be affected by the rise of artificial intelligence (AI), a trend that is likely to deepen inequality, according to the International Monetary Fund.In a Sunday blog post, IMF chief Kristalina Georgieva called for governments to establish social safety nets and offer retraining programs to counter the impact of AI.“In most scenarios, AI will likely worsen overall inequality, a troubling trend that policymakers must proactively address to prevent the technology from further stoking social tensions,” she wrote ahead of the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, where the topic is set to be high on the agenda."
You can't stop progress as they say.
https://theeconomiccollapseblog.com/alert-here-is-a-list-of-20-large-companies-that-have-just-decided-to-conduct-mass-layoffs/
