The Growing Anxiety Over AI, Jobs and the Future

On the eve of about 8,000 jobs being cut, employees are cashing in on headphone stipends and other perks while they still can.

Like many AI companies automating work that humans currently do, Basata will eventually face a harder question about where the line is between augmenting workers and displacing them. For now, the founders say the administrative staff they work with aren't worried about that; they're more worried about drowning.

MIT economists found US companies tend to target employees earning a “wage premium,” which increases inequality but not necessarily productivity.

More than 700 people working for a Meta contractor in Ireland are at risk of losing their jobs, documents show.

New tools let its AI connect conversations with live enterprise data, giving workers and agents deeper access to organizational memory.

Meta said it would cut 10% of it employees while Microsoft will offer voluntary retirement to about 7% of workers Meta and Microsoft are trimming their workforces by thousands as they make heavy investments in AI and executives claim that the technology is meeting their companies’ productivity needs. Meta told staff on Thursday that on 20 May it would cut some 10% of its personnel just under 8,000 employees– to boost efficiency, part of a layoff plan made months ago. The company is also closing about 6,000 open roles. The same day, Microsoft announced to employees, for the first time, that it would offer voluntary retirement to about 7% of its American workforce of roughly 125,000. Continue reading...

The layoffs affect about 8,000 employees, with Meta also planning to close 6,000 open roles, as the company focuses on artificial intelligence.

This and more findings from our new poll of AI usage by thousands of US and UK workers