
Are AI Layoffs a Myth or a New Reality?
Major companies cite AI for recent layoffs, but economists suggest a post-pandemic economic correction may be the larger cause. Is AI a scapegoat or the real driver?
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Major companies cite AI for recent layoffs, but economists suggest a post-pandemic economic correction may be the larger cause. Is AI a scapegoat or the real driver?

The global economy is at a crossroads, heavily dependent on an AI boom that could either collapse into a recession or succeed and displace the human workforce.

Concerns about AI and job loss are not new. The debate dates back 200 years to economist David Ricardo, who argued machinery could harm laborers.

Uber Technologies Inc. will soon offer some US drivers a new way to earn money by completing short, digital data-labeling tasks for its AI division.

Investment in AI is fueling hopes of an economic boom similar to the 1990s, but today's economy faces different challenges like a shrinking workforce.

Predictions of AI-driven job loss are being challenged by data showing the technology's poor economic returns, high costs, and questionable sustainability.

Artificial intelligence is automating the entry-level jobs that new graduates rely on, removing the first rung of the career ladder and creating a future skills gap.

A growing trend known as "cloud farming" is transforming small towns across India into essential centers for artificial intelligence development and data training.

Former Manchester United player Demetri Mitchell has revealed he used the AI tool ChatGPT to successfully negotiate his professional transfer to Leyton Orient.

Skilled trades like plumbing and HVAC are adopting AI tools to boost efficiency and revenue. A recent survey shows over 70% of tradespeople have tried AI.

Growing fears suggest rapid AI advancement could create a permanent economic underclass, displacing workers and widening inequality as automation enters new job sectors.

Artificial intelligence companies are driving a major recovery in Silicon Valley's office market by hiring extensively and leasing millions of square feet of space.