Uber -10%, Monday.com -20%, Amazon cuts in its AI: the wave of layoffs "to fund AI" is in full swing
Three announcements on the same day, a shared reason - AI is no longer an additional expense item, it becomes a replacement item.
1 h ago 6 6
China's AI labor report: 21 million jobs restructured, not replaced - the story is displacement within companies
A Chinese report estimates that ~21 M jobs are restructured by AI, without creating new positions - no wave of layoffs, but a massive reshuffling within companies.
20 h ago 7 8