Goldman Sachs noted that the advent of generative AI may lead to over 300 million job losses due to automation in the next decade, raising concerns about workforce displacement.
IBM's announcement to pause hiring for non-customer-facing roles, specifically targeting human resources for automation, signaled a shift in how businesses are approaching workforce management.
Klarna's CEO revealed ambitions to reduce their workforce from 3,800 to about 2,000, demonstrating a clear trend as companies adopt AI-driven strategies to minimize human resources.
Despite initial fears of widespread job losses due to AI, the results have been gradual but concerning, showing both the potential and actual impacts of technological advancements on employment.
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