WATCH: 3 things to know about AI and mass corporate layoffs
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41K views4 months ago
YouTubePBS NewsHour
Tech companies lay off thousands of workers due to AI Artificial intelligence (AI) is rapidly changing the workforce, and job layoffs are one of the most visible effects. In May 2023, AI was responsible for nearly 4,000 job cuts in the United States, according to data from Challenger, Gray & Christmas. This represents a 5% increase from the previous month and a 287% increase from May 2022. The rise of AI is having a major impact on the workforce, and job layoffs are just one of the many effects.
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