![]() ![]() Apparently the experiment went so well that after a short period the CEO decided to lay off 10% of Insider Inc. The CEO said AI will make his workers better editors, reporters and producers. A few months back, this news website decided to experiment with AI for reporting and editing. I've touched on this topic before, but today we’ll look at some real-life examples of how AI is already affecting employment trends. ![]() Of course, it's not just the big names that reacted to the new financial climate - small startups are feeling the pinch too.Īnd now, on top of that, there's a new type of layoff that's gaining traction: AI-induced layoffs. And the count goes on: Amazon (27,000), Google (12,000), Microsoft (10,000) - each performing significant cutbacks, in some cases closing up whole teams or groups of workers. ![]() Mark Zuckerberg must have been feeling the pressure too, as he cut 21,000 employees up to this point and published his " Year of Efficiency " manifesto. We've seen this firsthand with the likes of Elon Musk, who bought out Twitter and cut 80% of its workforce to prove that the company could survive with a leaner staff. When the economy takes a hit, money becomes expensive and investors start to question the value of pouring endless amounts of money into any idea that comes their way, companies are forced to make tough decisions. ![]()
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