Tag: jobs

AI influences decline in freelance writing and service jobs, study finds

A recent study analyzing the freelance work market revealed a significant decrease in writing, translation, and customer service jobs, with writing positions seeing a 33% drop. Conversely, the demand for video editing, graphic design, and web development surged, with video production roles experiencing a 39% increase. Graphic design jobs also saw an 8% rise, while […]

Grammarly lays off 230 employees as part of a ‘business restructuring’

Grammarly, the safeguard of grammatical gaffes, is making bold moves by trimming its workforce globally. Positioned as a pivot towards the AI-driven future workplace, Grammarly hopes to position itself strategically amidst industry flux and global quakes. CEO Roy-Chowdhury claimed the layoffs are a skillset shuffle, not a penny-pinching parade, reassuring a financially fit stance.

Tech Layoffs Not Tied to Economic Struggles, but AI Investments

Tech layoffs are a strategic move by companies to realign priorities and invest in AI, rather than a sign of economic struggles.   Despite recent layoffs, tech stocks are at all-time highs and the unemployment rate remains low, reflecting investor confidence in these strategic moves.   Investments in AI are central to the tech industry’s […]

AI won’t replace your job yet because it’s still too expensive, according to MIT

Artificial intelligence (AI) developments are advancing rapidly, causing concerns about job security, but a new MIT study suggests that the cost of deploying AI technology currently makes it more economical for employers to retain human workers for visual tasks.   The MIT study, “Beyond AI Exposure,” considers the overlooked factor of cost when assessing AI’s […]

New MIT CSAIL study suggests that AI won’t steal as many jobs expected

In a world where artificial intelligence (AI) is widely regarded as a potential threat to human jobs, a recent study by MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) challenges this narrative. The study suggests that the majority of jobs previously identified as at risk of AI displacement are not economically beneficial to automate, at […]

The tech sector is pouring billions of dollars into AI. But it keeps laying off humans

The tech industry has seen a surge in job cuts while simultaneously doubling down on investments in artificial intelligence (AI). While not all job cuts are directly linked to AI, many companies have cited AI as a reason for restructuring their workforces. Major tech firms like Google, Amazon, Discord, and Unity Software have announced significant […]

Sam Altman Stumped When Asked What Humans Will Do Better Than AI

In a thought-provoking discussion at the World Economic Forum in Davos, CNN journalist Fareed Zakaria challenged OpenAI CEO Sam Altman to define the core competence of human beings in the face of advancing artificial intelligence.   Altman’s vague response failed to convincingly delineate human uniqueness from AI capabilities, particularly in terms of emotional intelligence and […]

DeepMind Co-Founder: AI Is Fundamentally a “Labor Replacing Tool”

The founder of Google’s DeepMind, Mustafa Suleyman, acknowledged during an interview at the World Economic Forum that AI is fundamentally a “labor replacing tool.” This stance has become increasingly evident through recent deployment and the associated job losses.

As Google Pivots to AI, CEO Warns He Will Fire Even More Staff

Google CEO Sundar Pichai announced more layoffs as the company continues its pivot towards AI. The layoffs affect various departments, including advertising, customer sales, Google Assistant, Fitbit, and hardware verticals. The company aims to simplify execution and drive velocity by removing layers. This move follows Google’s tumultuous 2023 and swift pivot to AI in response […]

25 Percent of CEOs Plan to Replace Human Workers With AI This Year

The World Economic Forum’s annual meeting in Davos, Switzerland, and a survey of CEOs revealed that a quarter of CEOs intend to cut their headcounts by at least five percent “due to generative AI,” as per a press release from PwC.   The head of the International Monetary Fund has warned based on the organization’s […]

“Your Job May Disappear Altogether, Or…”: IMF Chief On AI Impact

Artificial intelligence presents both challenges and opportunities for global job markets, with the IMF predicting that 60% of jobs in advanced economies and 40% of jobs globally are likely to be impacted. AI’s uneven effects, including potential negative impact on low-income countries, present a need for focused efforts to help them capitalize on AI opportunities. […]

AI Will Make Workers More Effective But Adapting to Its Rapid Spread Is ‘Scary’: Sam Altman

Sam Altman, the CEO of OpenAI, believes that rapid advancements in artificial intelligence (AI) will lead to positive trade-offs despite concerns about surpassing human intelligence. He emphasizes the need for new regulations to align AI development with societal impacts and labor market changes. Altman acknowledges the potential challenges and ethical considerations of AI, but remains […]

Duolingo Fires Translators in Favor of AI

Despite being a popular language-learning app, Duolingo recently laid off 10 percent of its contracted translators as part of a shift towards greater use of generative AI in its services. This move has raised concerns about the potential impact on the quality and nuance of language learning.

Google might already be replacing some Ad sales jobs with AI

As Google dives headfirst into the AI revolution, it faces the challenge of integrating AI capabilities within its operations and ad services while potentially displacing human jobs. With AI automating various tasks in ad creation and performance monitoring, Google aims to streamline and optimize its advertising processes, potentially leading to a restructuring of its workforce. […]

Elon Musk insists artificial intelligence will get humans to a point where “no job is needed.”

As organizations navigate the evolving landscape of technology, the impacts of artificial intelligence (AI) on the workforce cannot be overlooked. Elon Musk’s bold claim that AI will make human jobs redundant is challenged by industry experts, indicating a more nuanced outlook on the future of work and the role of AI. Key findings from reports […]

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