TENS OF THOUSANDS OF LAYOFFS ARE BEING BLAMED ON AI. WHAT ARE COMPANIES ACTUALLY GETTING?
https://s.yimg.com/ny/api/res/1.2/4_XK6gRInmivCybk4X8e9g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/nbc_news_122/bfdad336b43c3fb4dc85581c29a01ca7
✍️ Some of the largest companies in America are capping or reducing their headcounts, citing the promise of productivity with artificial intelligence. However, there is uneven evidence that AI is delivering the promised cost-savings.
👉 Companies are using AI as a reason for laying off employees 👉 There is limited evidence that AI is delivering promised cost-savings 👉 Experts are questioning whether AI is being used as a fig leaf for companies 👉 Recent studies have found significant limits on the productivity of AI 👉 Only a small percentage of companies are reporting significant returns on investment
-- #DavidAutor #BethGaletti #StefanoPuntoni #JacksonAder #MassachusettsInstituteofTechnology #Amazon #Walmart #GoldmanSachs #Salesforce #UPS #SiliconValley #technology
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