A new report debunks the AI mass unemployment narrative. Data shows AI is cited for only 4.5% of recent U.S. layoffs, far behind economic conditions. The report suggests firms often use "AI" as a positive spin for routine cuts to please investors, as true, large-scale worker replacement would show in spiking productivity... which hasn't happened.
#technology #ai #economy

Fortune
AI layoffs are looking more and more like corporate fiction that's masking a darker reality, Oxford Economics suggests | Fortune
"Firms don't appear to be replacing workers with AI on a significant scale," the firm said. It suspects some are trying to "dress up layoffs" as go...



